I cannot sanction this. Vote 15. From the statement of Assets and Liabilities of Treasurer it is shown that there is a sum of $360,000 deposited at interest in the Local Banks. In my predecessor's despatch No.133 of the 2nd of Sept. 1879 it was pointed out that under ordinary circumstances steps should be taken for investing these sums in England in securities of a 1st class.
You were informed that in view of the important Public Works which it was proposed to undertake, instructions would not be issued pending a further report from you, and your early attention was invited to the point. Little notice appears to have been taken of this.
RAFT. Mr. Wingfield. Mr. Bramston. Mr. Meade. Mr. Herbert. Mr. Courtney. Lord Kimberley.
I
cannot Sauction this
.
Vote
15. From the statement
and Liabilities
of Gesets
Shows that there is a
Sum
$360.000 deposited
at interest in the Local
Banks :
In
my predecessors despatche
No.133
of
the Both
of Seft. 1879 it was
pointed out that under
ordinary
circumstances
Hype deposits money thus deposited should Steps should be taken
RAFT.
Mr.
Mr.
MINUTE.
Mr. Wingfield.
Mr. Bramston.
Mr. Meade,
Mr. Herbert.
Mr. Courtney.
Lord Kimberley.
308
for investing there sums
じゅ
England in
Securities
brut
informed that
of
st class
you were
in view
the important works Publie
Works which it was
proposed to undert alle
so to invest there
booth instructions would not be issued fending
a facttion report from you,
and
your early
attention
was invited to the point.
Litth notice afferent
"
to have been tatten
of
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