$20,000 worth of copper coins which your youth have found considerable difficulty disposing of. You have $70,000 of arrears of Revenue, of which the greater part appears to be land Revenue, with respect to which there is no information to show how far or how speedily any portion of it is likely to be recovered. I entertain grave doubts whether the proposal to draw such a considerable sum from the present balances of this Colony is prudent.
It is inevitable that there should occur in the course of the year some causes for unforeseen lapses in expenditure not provided for in the estimates. In the last two years, this supplementary expenditure has been considerable, and this year you have already submitted to me a note for $5000 for repairing the roof of the Cathedral, which I have sanctioned since the estimates were prepared.
To meet this expense and other emergencies, I am of the opinion that there should always be left untouched by the appropriation of the year a sum of $50,000, after carefully deducting from the assets probable balance any items that are not likely to be available in the course of the year.
I am glad to learn from your despatch that an increase of Revenue is anticipated.
$20,000 worth of copper
Coins which
your yout have
found considerable difficulty
disposing of tready $70,000
of arrears of Revenue, of which the greater parts appears to be land Revenue, taiks respect to which there is no
information to Chen how
for or how speedily any portia, of it is likely to be recovered, I entertain Grave doubts whether the proposal to draw such
a considerable fum from
the present balances of thin Colony is & faradent coude.
3 It is inevitable that
there should occur in the
Course of the
year
Lome
Causes for unforeseen lapsen- -diture not wielded in the
8/100
Ill as to this subs! 685-
11830
mifinal latimates of the
in the last two
year;
143
o year
this supplementary expenditure
has been considerable, & thi
year you have already submitted to me, a note
$5000 for repairing the
root of the Cathedral which I have sanctimed Since the estimates were, prepared.
capenditure
4 So meet this expenses Other emergency
or any
Jam
of opinion that there should always be left untouched by the appropria- -tion of the year a of 50000 $, after carefully dechuicting from the assets
Pprobata lance
Any items that are not- likely to be available in the Course of the year.
5 Jam glad to learn from
your despater, that increase
of Revenue is anticipated
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