CO129-185 - Acting Governor Marsh Governor Hennessy - 1879 [6-12] — Page 69

will shorts arise (en draft on 11766/2

and

Atura

Gre

Amy

ourplus funds weich

enfficient to pay for that work and

for this pray also it would be

a

to borrow with fo

absurd

mong. Such an

cause would

would beopen

68

the special fund shall not be

used permanents for this purpose,

and if there

were

accumulated surplus

other

the

Mangement for reimbursing

the Special Fund would.

But

Aus

there

be

necessary.

to the objection, lates. urged in the

Care

of Mauritius, to borrowing for

the purpose op maintaining

a user

reserve,

with than and ditiound which, moreove

the case of Hong kong is not

required

It appears, however, to me

now ample funds at once

reimburse

the Special Fund all

the Prayon Expenditure, the amnity for that purpone virtually

has the effect of maintaining

Thin A

the surplus on general account.

Whole

I would propose that

of the surplus.

the

Gerreral

account ($380,000) be used

that

the payment for the Praga

Вгада

dinston Augant

540% 175

wall by

of advances from

ufe

in

ク

thi

water

The Special fund to be repaid

annual instalments, is subject to

than

I A

objection.

It has been decided that

the Praja reconstruction

works

It will

d be incufficient, and I

would therefore borrow from thee

K-332

Fuly