3

present estimate is $4,500,000 for gaol and

fanters

staff ted as against $3,700,000 for

in

gaol and Police Training School.

But the questions are whether the necessity

can legitimately

for a new gaol is so pressing that it m

financed as suggested, and finally whether

the colony must not, in its present financial

state, do without a new gaol for some further

time.

The difference between three years and

three years plus a month or two is not very

great and I suggest that we should wait for

the depatch which is to justify a loan, and

inform Hong Kong by telegram that we are

doing so.

// regret to

delay

Q. C. Miles 15.131

which is due harth

absence & fails to dissing in getty

comection buper togethon.)

I think it would be a serious

mistake to affrove this until we

eget

the

Governor's loan firfonals and decide

whether they

minated

in

can be approved. As Mr. Collins

58440/24

for a silver country

The

is a

a loan in sterling

horrid gamble".

he garl has repeatedly

bem

portfored until the financial position improves. It has always previously been

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