CO129-164 - Sir Kennedy - 1873 [7-9] — Page 435

that it won!!" be better to raide mancy.

by loan to build in new Stompitals & to Consume the Water Supply them to reduce the balances

to a low point-

In the 23rd paragraph of the present Respatch this insemnation has been misunderstood totutan that a margin of $50,000 wa tobe left on the annual Estimates (exclusive, of the draft on Belancer), tacervolingly apologizes

the surfalur that this

gear

Picipated in Only $29000 : this would be altogether

Mar

that

annecessary twold, anstatty mann

So much money would be needlessly deposited in some local Bank

il vote for $9000 for improving the Gori's country lodge has since been suctionad

Which is not included in these latimates Lothal the estimated curfelus is non-

now really the $20000-

But besides this it is dear from the present Platement of Assets PLiabilities Sad: 7. that even excluding Copper Coin & Putatandang Revenne fallowing for a margin of $58,000

र्

there was b

$60,000

B

further balance of at lease - $33 on the 12th Jan 1873 which might safely have been appropriated lase year, thay probably by this time be.

hearly $100,000. fit is obviously desirable that this should be expended before having

recousse to borrowed nonics

The pointing out his misappreciatio of his position to Sir A. Kennedy, the natural. Course would be to leave it to him t Suspent on what objects these fands shonded be mat

- pondently expended; but in another despatch (19153) received since the ketimates he has suggested that a should be bounced to be spent

Lan of $50,000

A

a hew

road, if this rood is to be made at all la point which is best considered on the other despatch", it should be done with there monies instead of with a loan, fou the whole Ithink the best plan would be to allow

him to do this at once-

As between this work, 4th. other calls on the Public Revenues, I have remarked on 12153; but I think there is something live said more generally with to the Revenue of Imgkong, the difficulty that

A