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fundo, I thin. it would tave been difficult to resist sach à proposal. The sharing of the liability betwOOKI Goverment funds and mmies publialy subsoribod vill time result in a considerable lightening of the burdREA en Colonial rovenieů, e shall, of course, rogire to know the preciso moale of benefits to be applied and in replying to the 0.5.6. se propose to ask for thie information
The provision that say fundo remining, after satiofing theac main lisbilities, may be used for the benefit of the community as a chole seems to us reasonable, particularly in view of the fact that large proportion of the revenue of the Fund is being derived from public subcoription. # sherli, horever, propose to put it to the Governor that sny asciətənos of this nature sotually greatei must clearly take the form of capitel grants and that care should be taken to evoid entering into serditrents which would involve Goverment in recurrent expenditure in the year to aac, whon public subscriptions may be expootʊd to come in at * much lower rate than et proecat.
ho
expleine in hie Savingne that a token provision of #259000 had been 1cluded in the current your's estimates (see paragraph 23 of Jir Young's 30apatch No.114 of the 9th ay, a copy of which alresly been sent to you) to meet the Goverrysent's contribitions to the Pen on a dollar for doller besis but that the response of the public has becEL DO gratifying that it had already been necessary to mie mapple matary provision < /27, 0 and further provisions vill very soon become neo-5907.