CO129-226 - Acting Governor Marsh - 1886 [4-5] — Page 63

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60

Pefences I promised to address

Your Lordship

on the question of the Financial position of the _ Colony as affected by the large amount of £116,000 which it has pledged itself to pay for Military Defences. I have now the honour

to redeem that promise.

Colony for the

The accounts of the

year 1885 have

been closed and laid before

Enclosure 2014 March (with 6 spare Coff No 21.

the

Council. Copies

are enclosed.

for

balance

of

Assets at the

commencement

Your Lordship's information . The

"

11

22.

23.

21.

commencement of the present year

wad

#1127,692. At the time that

The Estimates of 1886 were

prepared

it was conjectured that the balance of Assets would be only $190,107.

To this amount of -

has to be added the sum

to be raised by the loan.

111 3/34 £200,000 will be

the equivalent of

427,692

1,215,000

$1,642,692

This is therefore the amount that will be available for extraordinary

works.

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