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has been arranged that the respective accounts should be compared, and; if possible, adjusted by an officer of the Audit Department of the Colonial Government, and an officer appointed by the Major General Commanding.
12. His Excellency has had an interview with the Auditor General, and it appears that there are two or three points on which it is necessary to be agreed to by superior Authority before the accounts can be satisfactorily adjusted by the above officers.
3. The first is as to whether the rate of exchange from dollars into sterling in the case of local payment should be calculated at the market rate on the day on which the requisition was sent by the Paymaster or on the day on which the payment was made. The Major General Commanding does not consider this point of very serious importance, and as the previous calculations which have been made have been calculated from the date of payment, and it is doubtful whether the date of the requisition has in all cases been preserved, he thinks it will in ordinary cases be better to take the rate on the day of payment as the basis of the calculation. In the case, however, of the requisition for $15,000 sent on the 24th of March 1890 but not honoured he thinks that the date of the requisition should be adopted.
4. The second point is as to the rate at which payments made subsequent to the 31st of March 1890 should be calculated. The Major General Commanding, after full consideration of the question, is of opinion that any balance due after the 31st of March should be calculated
i
632
has been arranged that the respective accounts should be compared, and;
if possible, adjusted by
atv
officer
of the sindit Department the Colonial
Of
Government, and an
Lent, and an officer appointed
by
12.
the Major General Commanding.
His Rxcellency has
had an interview with the Auditor General, and it appears that there are two or three ponits on which it
necessary fagreed to by superior Authority before
the accounts can be satis fo
can be satisfactorily
that a basis should be
adjusted by the above officers.
3.
The first is as to
whether the rate of exchange from
sterling in the case of
dollars into sterling
rocal payment
and he calculateu
at the market rate on
the
day
021-
which the requisition was sent by
master or on the a
the Paymaster
which the
payment
Who
day
on L
made. The
Cajor General Commanding
does not
consider
consider this point of very serious nichortance, and as the previous
calculations which have been made
have been calculated from the date of payment, and it is doubtful.
whether the date.
of
the requisition
has in all cases been preserved.
thinks it will in ordinary cases be
day
better to take the rate on the da of payment as the basis of the - calculation. In the case, however, of the requisition for $15,000 sent on the 24th of Karch 1890 but not honoured he thinks that the date of the requisition
should be adopted.
4.
The second point is as
to the rate at which payments made subsequent 10 the 31t of March 1890. should be calculana. The shapor General Commanding
a full
is of
corsideration of the quistion is
opinion that any
balance due -
·
after the 31st of March should be
calculated
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