CO129-356 - Governor Sir Lugard - 1909 [4-6] — Page 304

other hand were practically negligible in amount. The

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reverse now obtains. As Your Lordship is aware I was only

able to balance the budget of the current year with the aid

of $400,000 odd which accrued from the Widows and Orphans'

Fund, together with a diminution of charges on that

account, and it will be necessary to raise some $500,000

additional revenue next year. On the other hand the

interest on Railway Advances which only amounted to $38,500

in 1907 and 1906 combined are estimated at $276,890 for

the current year and will be larger next year.

5.

On the other hand I propose to

pay out of ordinary Revenue for certain lands resumed for

prospective extension of the Terminal Railway Station,

which in my view are not properly debitable to Capital

Account until they are actually taken over by the Railway.

This undesired liability which is imposed upon the current

Revenue is estimated in the case of the Station at

$374,806 and there are also some small residua of lots of

lands resumed on account of the Railway throughout its

length which the Chief Resident Engineer is desirous of

transferring to Government as not being required for Railway purposes. This expenditure incurred on behalf of the

Railway during the current year will be met by the proposed

transfer