CO129-251 - Acting Governor Barker - 1891 [9-11] — Page 377

Lordship that after very careful consideration of the question I

I have arrived at

The conclusion that the -

necessity for raising a loan has not yet arrived.

I enclose for Your

Lordship's information

extract from

an

from some remarks

which I made at the recent

re-assembling of the Legislative

Connoil, which shews

upon

broadly the grounds upon

which I base

my

conclusion.

3.

Enclosur

15th Oct:

1891

3.

The financial position

of the Colony cannot be. - described as other than

satiefactory, and with

an

increasing revenue and an

expenditure

OIL

Public Works

$500,00

not exceeding #oooooo a year (which I find is the

average

expenditure for the last five years), I consider that it is possible that the necessity not arise

may

for a loan

tall.

4.

n

The re-letting of the

Opium