(2)
25
1919 to 1930 the maximum invested (at cost) was
$8,972,105.70 (1924); and the minimum invested (at cost) was $1,240, 712.28 (1929).
The figure at 31.12.30 was Invested $1,715,849.70
Joint Colonial Fund
$2,100,512.82
$3,816,362.52
There seems no doubt at all that, in effect, the
whole of the investments are, and all along have
been, due to the Land Sales Revenue.
(Signed)
J.C.FISHER.
D.D.C.A.
28th January, 1932.
(3477/6)