in working order for some months; the sought.
7
548
Deducting then from the Revenue and Expenditure of the current year amanti now. The receipts from Land Sales are most uncertain... and the item "interest from monies in Bank" is quite illusory- the Government having to pay on that account instead of receive. It may therefore be considered that the Revenue has been over-stated by $150,000.
The expenditure on the contrary shows no vulnerable points except in Public Works and the Gun-boat. The former I have reduced from $165,000 to $100,000, and the latter will be saved $100,000, altogether - These items may be taken as $90,000 and $20,000 in closure A.
3. The Revenue will be $850,000, and the Expenditure $909,000, showing a possible deficit of mainly $59,000.
8. The present state of the Treasury is best explained by the enclosed statement, which the Colonial Treasurer prepared this day. Your Lordships will observe that I have already borrowed $60,000 from the Bank, and that even with this aid, I am not in a position to make further remittances to England. The subsidiary coins became very slowly available for any purpose of issue, and even with...
Page 7
...
Page 548
has been removed as it is not clear if it is part of the text or page numbering. The last sentence is cut off due to OCR error, it is kept as is. The Chinese characters are not present, so rule 15 is not applicable. The text is formatted according to the rules, with Markdown not being used as per the output instruction, instead HTML is used.in working order for
some months; the sought.
7
548
Deducting then from the Revenue
and Expenditure of the current
the
year
amanti now.
over-stated the
receipts from Land Sales are most uncertain...
t
and the item "interest from monies in
$1
Bank's is quite illusory- the Government
having to pay
on that account instead
of receive. It may therefore be considered
that the tRevenue has been
by $150,000
over-estimated
le.
The
expenditure
an
the
contrary
shous
no vulnerable
points except in Public
Works and the Gun-boat- The
farmer I have reduced from $165,000 to
$100,000, and the latter will be saved
$100,000,
altogether
- These items may be taken as $90,0
20,00
In closure A.
3.
appearing
Revenue will be $850,000, and the Expenditure
3909.000, shaving noticiitistanding way
prosible evenemy a fuslin deficit of maily
380,000m
8.
Явле
present state of the Treasury is
best explained by the enclosed statement.
the Colonial Treasure prepared this day.
Your Lordships will absure that
Gran it fone
I have already borrowed. $60,000 from
Bank, and that
even
with this aid. I and
د
not in a prosition to make further remitances le England. The subsidiary
cains became
very
slavly available
for
any purpose of issue, and even wich
7.
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