CO129-313 - Governor Sir Blake - 1902 [10-12] — Page 133

for 1903, with a copy of you Speech to the Legistative, Council on the sulgict of the Estimates and various

exflamatory Memorando.

2.

I have also to

"you

acknowledge the receift of your desp. No. 466 ofthe 24th October, ni which, discuss the proposal defray the cost of certain Public Works by Loan of

a

Hey

raising

$2,250,

to

2,250,000.

3. I propose to adders myself in the first instance, to the question of the proposed Loan. and then to comment on the Estimates in detail.

aware

4. Yo

That

are no doubt

frecent years

this Def 11 to confine.

Leon bonaning

it has been the

Soopind brown

Cosomes, tas kem as for as fossible to works, such,

as

Railways Harban Works

holing of

other than the above

[e.s. Mauritius, at

and Inigation schemes, which it may be hoped will fare duictly 132 remunerative to the 132 Government, by the tolls

and dues nother

7

monies, receivable in respect of them. Exceptions ham, been admitted of cause,

to this general rule. Works which by their magnitude and fermanence afford spreading upon them

a reason

fa

the expenditure

over a numbe

of years, han, in sterial

been defrayed from

Cases,

Wan. Again, there ma ve of special agency,

Cases

in

which immédiate lage expenditure would prevent

Dame

such

public calamity;

笔

loss of ade, or

the collapse of

an

the present moment] industry with which the

prosperity of a Colony

is intimate

freak

سة في محمد