CO129-255 - Governor Sir Robinson - 1892 [5-7] — Page 497

34

of silver. But the nominal amount of the excess

estimated revenue over.

of the

ordinary expenditure, #1195, precludes all possibility of meeting the cost of any Public Works extraordinary from

revenue in 1893. There

is one

public work, the Praya

reclamation, which the

Government is bound by_

law to continue, and to ~ provide a portion of the funds for

in its

capacity

of

496

of a marine lot-owner; and there are others which both

on economic and on other

35

grounds it would be most impolitic to abandon. The absolute necessity for

a

loan

is therefore patent, but on this subject I shall have the honour of addressing Your- Lordship separately in a_ confidential despatch.

13.

In view of the

somewhat critical condition

of the financial position of

the