CO129-231 - Acting Governor Marsh - 1887 [1-3] — Page 223

to cost £45,000

or £50,000.

It

would therefore be much more expensive than

a

rough stone

breakwater and at the same

time it would not form such

permanent barrier

а

7.

As

regards the cost of

constructing

a

rough stone

breakwater Your Excellency will

see that Mr Price's Estivale has

been inserted in

of

a Statement

new Public Works contemplated, which I laid before the Concil

the other day.

ar

will

I do not see

220 year.

A to $87,500 a how the Colony can

undertake at present to borreio

any

money without

rimposing extra taxes in order to meet the interest and sinking. fund thereon, and it must be

remembered that

in the native

tommage dues.

of

any imports Customs

Shipping

are

as

they

quile out of the question

would materially affect its

prosperity

I beg

The total cost

of

to your

there works is $2,500,000 or two

years Revenne

of the Colony

Stougkong is already pledged to

a/

Aer

Loan equal to one

me which

year's

is raised to

construct the new

Forts and

to complete the new water works. The interect and

to return the enclosures Excellency's

letter

I have re

a o

requested.

(siques) 11. St. Marsh.

sinking fund

this loan

02.2

will