Encl 19th Decr 1894
ogether with the certificate of the Attorney General and six copies of the Estimates of English revenue and expenditure.
3.
with Explanatory memo! (5 copies sent separately)
2. With regard to the general financial condition of the Colony I beg to refer you to my speech to the Council of the 28th November, a copy of which is enclosed. And in my despatch No. 255 of the 21st November dealing with the question of Exchange compensation, I stated my reasons for believing that the Colony was not only in a sound financial condition but is able to bear the additional burden that would be involved by granting such compensation.
3. The total estimated revenue amounts to $2,079,526, as compared with a total estimated expenditure of $2,386,201. Of this expenditure a sum of $310,000 is chargeable against the Loan so that there is a surplus of estimated revenue...
Encl 19h Deer 1894
gether with the certificate of the Attorney General and six copies of the Estimates of Endlid- revenue and expenditure.
3.
with Explanator
memo!
(5 copies sent
2. With regard to the exparately)
general financial condition of the Colony I beg to refer you to my speech to the Council of the 28th November,
a
copy of which is enclosed. End th In my despatch N. 255 of
the 21st November dealing with the question of Exchange pensation,
com
I stated my reason
for
28th Nov 1894
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for believing that the Colony was not only
in a sound fi
nancial condition but is able to bear the additional burden
that would be involved by granting such compensation.
3. The total estimated revenue amounts to #2,079,526,
as
compared with a total estimated expenditure of ~ $2,386,201. Of this expenditure
of $310,000 is chargeable
A sum.
against the Loan so that there is a surplus of estimated-
Reves
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