In regard to the aniounts expended under Capital Account, deducting the total of unauthorised payments to which T have just referred, it will be observed that a total of Tls. 202,700 was spent against Tls. 240,000 raised by loan in 1898. Of this total, Tls. 54,000 were expended in acquiring and making of new roads, while Tls. 66,000 were devoted to work on the New Market and Drill Hall. The total cost of the latter work up to date has been Tls. 166,799, and a further sum of Tls. 28,500 is required to complete it; it is satisfactory to note that the revenue to be derived from this building will represent a fair return on the capital invested. The remaining Tls. $2,000 have been expended in the erection or completion of the works named in the Budget, chiefly bridges, bundings, and various building
Text read from the printed page and cleaned; old type leaves the occasional error.