280
smound this year, so that the profits your elionts would proben
bly have made had they not beam deprived of their business
the Government are in the neighbourhood of $600,000 of whi
nớya than $300,000 have gêne to the Governmost which sought mat
additional revenue by these means.
In those sireumatenees tho man
#7. $280,000
asked for by your slients would appear to be modest.
The greater profila made by the Concessionaires
as compared with the profits made by your clients appoar te
so comated for by inarossing population and cheaper seal.
a matter of curiosity to us as
It ta
hew the Ganon sai engiroa esti-
nated they would be able to pay the Goverment the enormous rens
they do for if conl had remained at the lovel it was when the
tenders were onlled for - and no one could then say that it would
net
C
instead of dropping to about half, than a lons instead
prefit would have beat unde.
It is evidant from Statement
that your alienta working from known fnators were not in a peal-
tion to offer the Government more than they did.
Eade up of
3
We therefore contand that your «liente claim is