CO129-013 - Sir John Davis - 1845 [8-12] — Page 84

natural result of that law by which supply increases with demand, and price- diminishes with supply, until all has

& permanent level.

reached

xx

more

Whith regard to the opisems and the - smaller licensed farms which (with the exception of Brown (benchs ) form at present the chief sources of revenue, these have been strictly adopted in their details from Ancapore, a place generally quote as a model of free trade, prosperity.

His Excellency the Governor and the Legislative Council will be happy to

carry

out

any

alteration which Her

of looying the

Majesty's Soverment may please to prescribe as to the mode police pale . As the present Ordinance, was drawn up

up with the assistance and)

advice of the Colonial Law officers, it may :- presumed to be sufficiently correct as a

be

mere

nere

In

legal aueasure. Ie peply to the

objection that lovernment.

tasussons

are

Imposered arbitrarily to value all househols property, it must not be. forgotten that there is an

appeal open

to those who deem themselves overrated..

The moderation of the assessment (whatever the mode may be ) is best proved

by the deduction of 40 per cent

4 from the gross annual value, in consideration of the exorbitant pouts at present pais

houses. The same is tobe inferred from the total rotimated collection of not :

third of the actual expense of

for

than one third

not more

the police force, a body whose officiency has been generally admitted, and those protection few are unwilling to sayjon

It may be presumed that if... the Clonial Community- charged with the management of the

wvere

to be

Police