details the 1915 expenditure bat the defreit is apparently in the closing If the Railway Capital recount
General as the $3900 pro
& dubiting worsene
odd which pgmis Lent liter
A
he
L
1914
coret.
The resence in gul Las exceeded all
extrin aton
with
A
*
they hope to
ind theser
cost of mult1⁄2 million
near
In his speech to Council the for remails that
no proson ineceriy for interest on advances by the C. A. - the overdraft at the hand, which have happity ceased texist." If expectations are realised the foling at the end of 1917
and have actual cash balance (some $1,800,000 which after deducting the debit balance in 1915
actual
wow have them with an
si cash.
$ milion
The Colony may therefore be considered the doing well.
To tax as I can see, the estimates of
urenue &o not err on the side
over optimism
:
they
an hand
chrifty
on revived estimates for 1926
+
652
there seems to whath why, withe alance of eg further renoir trade distration
in China, thing and not be mehed Lacending
recessity tant down the expenditure programme though
AD
it might be as well to dass when't that he had better tup some of his P.W. Linki programome up his sleeve in case o
houble. His a big hossamm
Lead are!
murerons Leading
cruet
"misallareons" which "The out out if necessary
motably he
As moved the estimates are, if any thing,
over annotated. Ihe Joi's speech
Landly read the wad in
of
which !!
enterity wit is
angely detail the wotes, give a full
account & there is sit much to yo points of details.
Revenue.
Opain (p.g.) in expected to produce a further $1.000.000 swing of the rise in price in two need bast syarch: the neww to faces duty is calculated & guit $400,000.
My
1
I the boys
P.12. The Taking
Luntour is expected
Lange b
in the
& increase fees
P.13. Imigration her become cormal.