44
time for short loans and even
mortgages
for...
was 12 per cent, the Bank has
dealt liberally in charging the Government.
5.
only 8 per
cent
for
Sums actually
in
uses
The only difficulty experienced
was the requirement at first put forward)
remittances to
that this Government should make England through the Hongkong and Shanghai Bank.
Having however explained the nature of
my
recent instructions on that head, the
draught agreement
those instructions.
was altered to meet-
6.
I
now enclose a
Return of the
of
State of the Colonial Treasury this day,
from
which it appears that there is a ...
balance of subsidiary coins in the Treasury of $119,676.94, which there is difficulty in forcing into circulation.
On the debit side there is $75,000
with interest accruing. There are also
other charges immediately payable,
as well as
a more remote liability of
$54,607.00 to the Judicial Deposit fund-
making altogether $163,532.20 liabilities,
or an excess of $43,855.34
over
assets.
8.
The Revenue accruing for the
Enclosure 2.
remainder of the current
year will be
small, whilst Salaries and
expenses will reach $47,000, independent
of the $5,000 Military contribution due
44
time for short loans and even
mortgages
for...
was 12 per cent, the Bank has
dealt liberally in charging the Government.
5.
only 8 per
cent
for
Sums actually
in
uses
The only difficulty experienced
was the requirement at first put forward)
remittances to
that this Government should make England through the Heongkong and Shanghai Bank. -
Having however explained the nature of
my
recent instructions on that head, the
draught agreement
those instructions.
was altered to meet-
6.
J
now enclose a
Return of the
of
State of the Colonial Treasury this day,
from
which it appears that there is a __
1
balance of subsidiary coins in the ~ Treasury of 119,676.946, which there is difficulty in foreing into circulation.
On the debit side there is $75,000
with interest accruing. There are also
other charges immediately payable,
well as
a more remote liability of
# 54, 607. oo to the Judicial Deposit fund-
100
making altogether #1163,532 20 liabilities,
or an esc
afsets.
excess of $23, 855% 34%
over
8.
The Revenne acerning for the
Enclosure 2.
remainder of the current
will be year
small, whilst Salaries and unavoidable.
very expenses will reach # 47,000, independent
of the £5,000 Military contribution due
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