2.
I estimate the Revenue at 1,004,240 Dollars and the expenditure at 932,286 Dollars including the Civil List; which would leave an available balance of $74,240 Dollars on the 31st December 1878.
This anticipated balance is independent of the balance I now have on Colonial account amounting to $270,000. It is of course independent also of the assets of the Special Fund which amounts to $310,082.
Since my arrival here in April last, I have felt it necessary to give close attention to the Financial business of the Colony. When in that month the completed accounts of the Year 1876 were put into my hands, I found that the revenue ($885,358) was less than that of the preceding year ($896,624) by $11,266, and that the expenditure of 1876 ($902,500) was in excess of the revenue of the same year, and was also in excess, by $32,677, of the expenditure of the preceding year. In other words, the last annual accounts which had been prepared and Audited a few weeks before my arrival showed that the Revenue was falling.
44
2.
I estimate the Revenue
51878 at 1,004, 240 Dollars and the expenditure at 932,286 Dollars including the Civil List; which
would leave
an available balance
the actual transactions
F'ue Separ
of
$ 74.240 Follars on the spet
deccruber 1878.
This anticipated
balance is independent
balance I now have
ņ
the
on Colonial
recount amounting to $270,000 It is of course independent shes of the Special Fund which amounts
10.082
Since my arrival here in April last I have felt it necesary
325
to give close attention to the Financial busines of the Colony. When in that
mouth the Completed accounts of
The Year 1876
were put into
my
hands I found that the revenne
thaway 91876 $885,358) was less than that
$50,000 above
the
Rationale of the preceding /par ($896 624)
and that the expenditure of 1876
($902500) was in excess
F
the
the same year, and was
Sevenne
ņ
in exceps, by $32,677,
the
expenditure
of
the
preceding year. In other word
the last ammual accounts which had been reparch and Andited
Sew weeks before
my assival shewed that the Revenue was
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