CO129-191 - Public Offices & Others - 1880 — Page 52

be peaked as

a

Colony is in debt

special fund, the

this

Department £5386.

If we invest £11,750, as restricted to do by your letter,

we shall leave

a balance of about £2614 -

an actual balance

of debt.

Of

the general

Account of

£5386, and

special

balance of £8000

Account.

The investment when made

might

be in

South Australian

Government 4 per Cent Debentures.

The Securities of that Government having been included in the list of first-class Colonial

Government

Securities

sanctioned by Treasury

letter

of

the 2nd October 1869,

and Colonial Office letter of the

20th

of

the

same month.

I have the honor to be,

Sir,

Your Obedient Servant,

W. V. Guernsey

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