C. b.
Mr.
Mr.
12
Mr. Parkinson.
Mr. Tomlinson.
Sir C. Bottomley.
Sir J. Shuckburgh.
Permt. U.S. of S.
Parly. U.S. of S.
Secretary of State.
DRAFT.
Severner points out,
however, that the revenue for the first
two months of the current year is
markedly below the estimate, while the
Government is committed to a large
expenditure estimated at $320,000 on
dredging operations in the near future,
he i dy pous
and be observes that these facts should
be borne in mind by the Shipping
Interests when estimating the value of
the concessions now made to them.
I am, etc.,
(öigned) H. A. COWELL