I agree generally. On the whole the

position is not so bad

have been feared:

might

Crut the outlook

continues to be gloomy. We have just

heard that

Winging

hoken down,

Some time &

the

aud

negotiations for

to the boys have

ito contimance for

come los tiba

-faced.

If ano in present einenstances be of Wilth

to infose additional taxation which

badly wh fall upon hade, sime have is enough off already. Durcis for squeezing wich

in the colony- if Chevose who takes uefuge sufficiently colourate. Offer the work

likely frick.

at

In the despatch we said express regret. the Effect of the bezett, wat ufen to the furfach the loft Bauwes that the

of its continuance

Jay

esto su

procurd in

spirit of

resonate economy

by the

that the boycott would be over end of last,

the beginning of

333 The anticipations was resonable

year.

in October, but has now been falsified. The estimates are unreal, if the

boycott lasts, but the important thing

is that that

H. King Sain.

au

alive

to the necessity of all possible Sconomy.

Ces proponed

Geb. 6.1.26

considers that the most camful ecomony will be

acc. in the wear

зава

auch Han we did during

for

<

uefort

the w

? the half year.

this stamp in Jers) ank

financial position

(Ie practer the quarter isn't much

These extimates wer

رسم

5/1/25

framed on the antistation

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