2.
of the amount payable in taxation, and the resultant
expenditure, which amounted in 1932 to $113,333, has
proved a serious drain on its resources. The concession
now granted represents a loss to revenue of about $23,000
per annum, calculated on the figures for the current year.
I have the honour to be,
Sir,
Your most obedient, humble servant,
Live
Governor, &c.
4