{g smali ozart supplied by the Ministry of
Transport A3,387,000,
(b) Stripping Control Board £3,500,000
(1) Claims in respect of requisitioned material
$25,000,000
as folloWS :
Total $72,730,000.
The position regarding these liabilities is
Items (a),(b),(c) and (d) have been met but the total still remains in suspense and, in accordance with an undertaking given to this Council by Sir Mark Young, has not yet been charged to expenditure. The anticipated revenue surplus for 1947/48 of $30,000,000 will now be increased to 842,000,000 by generous gesture of H.M. G. in. inter alia, waiving repayment of advance of (?£750,000). The further gift of £1,000,000 will increase the available surplus to 858,000,000. This will enable all remaining liabilities to be met from expenditure in the exception of final, which is an approximate estimate of a legal liability which this Goverment must assĻune. So far as can be seen, liabilities only exist in the case of requisitioned vessels for damage or loss occuring during the period of requisitioning and since the Service Departments were concerned, negotiations are proceeding with those Departments with a view to their meeting these claims. brief, apart from the final item, the Colony can discharge its outstanding liabilities and show a balance of approximately $10,000,000.
2.
also be made,
3
ક
In
A brief explanation of these liabilities may
I should be glad to learn if you approve. have reason to hope after discussions unofficially that settlement may be welcomed by unofficial members in the light of the above answers.
I
410
Copies sent to:
X
Grateful for urgent telegraphic reply.
Treasury
Admiralty
Ministry of Transport
Air Miniatry
War Office.
ちり
Mr. D. R. Serpell, O. B. Es
NT. 7. gevers,
Sr. D. Haigh,
Mr. S. W.
Varrene
MP. G. R.
Calms, K. Ca
16
No comments yet.
Private notes are available after approval.