CO129-256 - Governor Sir Robinson - 1892 [8-12] — Page 128

Lif

may probably cost more than the sums estimated, while on

other estimates a

be

effected.

saving may

The Schedule will

a how

therefore consist only of a

inal list of the works.

The General Loan and Inscribed Stock Ordinance

leinito the contribution to..

sinking fund, to 1/2 % every

six months, which entails the

duration

of

the curr

ency of

the loan for a period of

not

less than fifty years.

fifty years. The

Unofficial members of Council

W

for

ay press, a shorter period,

and

I therefore solicit

your Lordships.

4.

5.

125

Lordships direction, whether, if

such should be the case

at liberty to allow a

if

I am

larger, and

so how much larger half

yearly contribution to be pro-

vided in the Ordinance.

My

Drove

opinion is that the

Loan should

for at least

because

the full term of 50 years,

thereby better terms will be se-

cured in borrowing. As the point

be raised in Council I may

by an Expression shall be obliged of your

Lord-

ships wishes in the matter.

Your

Lordship will observe

that the estimated total required

mpleting the works no

for

corn

the

enclosed list falls short of the

equivalent