:

1

other hand exchange pr some time has hern about 2). + shows no immediate prospects falling. And 20 for as I can judge, the revenne estrinate has been framed on distimetty conserature not to sar persimistic, lines. Consequently there : a fair chance, in the absence of any

tron Me in China, I expenditure being sather bars than the extrinate,

parx

(amiz

& urenne being

higher exchange than 1/10) greater than anticipated, the untrigated expenditure mentioned at A above

may be covered.

In spits, therfore, of a natural dislike

1 mdgeting from deficit I think we

Lan

Lo

lease the estimates alone, especially

aftis considerable exained the

P.W. Exty Lean

ни

little which can justifiably be and out. Inst.

suggest thempore & jonnal remark to the affect that if things so badley, the for

لیدی

9

whd andersons to vince the pto. programen

hair it when to decide what works and go,

if necessary.

On the details of the Estimates these little today. The protnotes to them. The Ea's despulch

the debater in Corneil

the ground.

liin

brous all

On the Revenue side, the dis appearance of the Imperial contubation in respect opam

be noted; (£12000, $137000)

may

also the large rimetion in gross nupti

from the Railway, ming to the troublons state & Keranghing.

Expend ihre

generally speaking. increased expenditure is how to the operation / maiemental scales o

1

Depri

Pohie &

salary except in this Sanitary. The P.ft. La sanctioned a

considerable meilese in the Police Fine which has been under manned &

large increase in the sohimated cost

is

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