4

were to be employed in purchasing assets which could

realized be lie in the event of any emergency, or which would provide security for further loans to meet a

short period of financial strain. The loans now proposed are, however, intended chiefly for water-

little of works and an aerodrome, objects which would have no

which

sale value, and (consequently would be useless as security for further loans. Before passing to a

detailed examination of the Estimates, it is worth

while pointing to the remarks on page 5 of the

Colonial Secr tary's speech about the tendency to

accept more and more responsibility for the health, sanitation, education development and protection of

the Colony and its inhabitants, an increase which is

developments described as inevitable. Such esa must

iffus ther revenue is raised to meet them, unfortunately involve a corresponding increase in the

military contribution without representing any

wealth

corresponding progress in the worth of the Colony.

Heads showing the largest increases are as

follows:-

Jucs. $102,958,

11.(B). Wireless. the increase partly representing

the transference to this head of activities previously falling under the Public Works Department.

12.

. personal em. Shuments, Other changes amount to

$123,590

13.(A)

Imports and Exports Office Increase $112,690 including $46,028 on the re-establishment of the Statistical Branch (as to this, see p.8 of the Colonial Secretary's speech), and $53,000 on the purchase of a launch.

Harbour Department: Increase of $214,210. This includes provision of $92,200 for 5.400 conversion of commercial moorings, and/or the purchase of 2 new launches.

13.(B). Air Services. This is

besides a seebidly, $$30,000

a

new heading

and includes a subsidy of $100,000 for Commercial Aviation, and $60,000 representing an initial grant to a Flying Club $300,000 in 5 years. The subsidy to Commercial Aviation will presumably be paid to the new Civil Aviation Company (see 62751/29), about

which

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