CO129-535-2 Standard stock of Public Works Department 18-5-1931 - 7-7-1931 — Page 3

3

Mr Calder,

I see no objection to the

Governor's proposal that the Standard Stock should be increased to $550,000 for 1930 and 1931, but in view of the fluctuations in the value of the Dollar it is desirable that the figure for future years should be reconsidered at an appropriate date. As the purpose of the Standard Stock is to limit expenditure on stores for stock, the figure should be fixed either before or soon after the commencement

of the year to which it relates.

Deputy Director of Colonial Audit.

JUN 26 1931

Reply areality

uton

2 20 for. 191 (1 amed)

7. 78.31