5.—The first drate of the budget for the ensuing fiscal year has been com: pleted, as the result of two months preparation. The budget of ordinary expenditures is expected to show a slight surplus, after niaking provision for the service of borrow= Ings to finance capital expenditure for. railway. inprovemhents and extensions, rural reconstruction and other productive purposes, Included In the extraordinary budget.
6.—Substantial progress has been made toward soltlement of debis. in arrears, and it is anticipated. that further settlements will be annotineed In the near future.
Text read from the printed page and cleaned; old type leaves the occasional error.