CO129-623-8 Estimates of Expenditure- includes a report for the year ending March 1951 1-12-1949 - 31-3-1951 — Page 27

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been paid out

f the Rehabilitation hoan expenditure is Oto be set

sat off

against revenue; moreover we do not yet know how

on

Bound claims nor do we know where the

much has

denial à Was Supplia

money

'X' A finder

further item

for these payments

is to be found.

is the $4 million which

а

We are asking the Governor to contribute to the University's endowment fund. All

in all it looks an

done

very

well if

Colony will have

if the it breaks leven on the

year after all these added liabilities have

been taken unto

3. The details

account.

of expenditure

revenue

under the various heads does not

show

is

any well above estimate on duties, rates, entertainments, Poor Office

thing very startling. Revenne

presumably owing to the

and Railway

contrrived high

population level in Hive. Expenditure is

miscellaneous services (possibly

up

under

r down

owning to payment of dencal & W.S.B. claims)

on public works. Most departmental expenditure appears to be slightly down stimate.

referred in para

4. The interesting items to which I I appear in paras 5 (23). The Governor intends

two Jimas

66

create

the pist the a

the

Second

development fund from surpluse

Goot trading and

contingencies

व

a

equalisation fund

financed from the same

aitended

came fonce

to assist in

منه

stockpiling. We

know nothing more of these funds

is impossible to comment.

yet r

So it

I

only say

would

that I shall look