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to military contribution.
They observe that there is
thus apparently a possible contingency that in effect
appropriations of revenue of greater mount than is
necessary for the service of the Bonds may be exempted
from assesment to military contribution.
3. The Council state that they do not cont mplate
that this is intended and that they do not accordingly
ask that any revision of the teme of the Ordinance
should be made, directly preventing such over-exeption.
In oder, however, that there should be no misapprehension
on the matter they would like to receive, in due course,
an
un agaurance that any ultimate surpluses of the sinking
funds referred to not required for the service of the
Bonds, will not be disposed of in such a manner that they
fail to be subject to assement to contribution.
in the circumstances I shall be glad to rea vive
from you a statement which will enable me to give the
Army Council the assurance that they desire.
I have the honour to be,
Sir,
Your most obedient,
humble servant,
(Sgd.) P. CUNLIFFE-LISTER
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