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light of this explanation, as to whether the fixed deposits at present shown in the statement of assets and

liabilities should be removed therefrom, the course

recommended by the Accountant-General and the Auditor, or

alternatively whether the other assets held as security deposited by insurance companies should in future, so far as this may be possible, be also included.

I have the honour to be,

Sir,

Your most obedient, humble servant,

1

Add. Watherte

Governor.

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