a considerable abatement must be made to arrive at the actual available surplus at any moment, because the revenue accrues due half yearly, while the payments of the Colony are made monthly, so that there is always a sum due to the Colony. It is clear that while the Colony has more liabilities than assets, there is a discrepancy.
Thus I find on the 1st of January last, the statement of assets and liabilities was estimated at £98,549, but the actual cash on hand, including the current balances in the hands of the Treasurer and Agents General, amounted only to £85,841.
A nominal surplus of assets over liabilities of £73,000 at the end of the month would represent a cash balance of about £58,000; the whole of which sum, even, would not be available for disposal, as a small balance must be retained in the Treasury and some amount is held in the Crown Colonies Office in London, besides a stock...
a
considerable abatement
must be made to arrive
at the
actual available
truplus at
any
moment.
because the revenue.
accrues
due half pearly, while the
so that
setts of the Colony paid monthly there is always for
due to the
it
that while
Colony
more
than
Thus I find
the 1th of seess
on
January last the
of assets
Liabilities
Mas Estimated ah
ah £98,549,
the actual cash on
hand
including
209
the curent.
balances in hands of
Treasurer and Agents General
Amounted
In the same
only
to £85,841.
way
A
nominal
sxup of assets on liabilitur of £73,000 at the end of
Mus
bust
2
par would expresent
cash balance.
た
About £58,000 : the whole
of which sum even would not be available for
disposal, as emale balance must be retained in the
Tuasury
và song hong
Qua
in the Crown Colonies Office
in
London, besides a stack
of
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