, 1877-01-20

Wnlcn 1t was not desirable to dlVeTC Inc
Councils time. The delay will, of course,
cause no effect on the financial result
because the means must be calculated on as
forthcoming the same as if the statement had
been submitted in the beginning of the term :
the calculations are the same now as then, only
the payments have been anticipated, and il
would certainly have been a great inconveni-
ence to the whole Island if the payments had
been interrupted. As regards the End cues
tion, whether bureau advances will be granted
after this financial year, he could state nothing
positive at the present moment.
The Chairman would, before The Council
proceeded to vote, remind honorable Members
that the Council by adopting this statement
does not express any opinion as to whether
loans are actually to be given to the parties, but
merely. in the usual manner, to place at tina
PreSldenc3'S disposal an amount for making
such advances. In using the Grant and pivin~
the loans. the Presidency would noturaHv-aS
be supposed it has been done for the two
months for which The outlay has already begn
Mafe-take the advice of those members Of tba
Council who are appointed to give their opinion ,
as tIso IN accordance with the Ordinance other
security man the mere security in the crop
might in some instances have to be Iookod fnF
and mOrtgsge.hOlders be called on to give tbsir
consent to bureau claims being given a ~prefera.
bic right in the respective estates, in order to
keep them agoing.
The Pre''dest had always taken the advice
o. me gentlemen appointed to assist the
Presidency in disposing of the hur..n
amounts but the trouble and lahonr oF 49,
gentlemen had considerably increased bv The
extensive proportions which the bpraan.ss.;s.
lance has necessarily assn med in The Iatter
years however, those estates that oon)d bo
supposed to be in an urfavOurable position.
anu likely to endanger the advances to bs
made' were frequently inspected and the results
served as guidance to the Committee and ths
Presidency. With regard to the second ones.
ton, it would have been much more oonva.
nient to the Presidency if the Draft on bnrea,
had been passed in the original proposed. as Il
was a very difficult thing to judge of the posi-.
tlOn OF individuals when dealing with the
question of granting bureau-assistanoe in order
to secure the cultivation of the Island. One
reason more, why the demand Of real security
could not be carried ont fully, was, that IN
many cases it is impossible to obtain the
consent of the chief mortgage-holders, somo
of whom are residing abroad, and in some
cases it is even unknown where they are. But,
the matter had not been neglected; in not a
lew instances has such real security been
obtained, and if it had not been from the i'm
proved prospects of the coming crop and the
rise In prices, it would have been carried out
more strictly it will still depend on the turn
OF the crop whether it will be necessary TO take
the precaulion on an extended scale.
No one else requested the word.
The discussions were closed, and the Ooun.
oil gave unanimously with IL votes its consent
that an amount of S27, 882 be placed at the Pre-
sldenoy'S disposal for covering circumstances
IN money for December 1876 and January.
February 1877 to Planters, and that the Presi-
denoy be authorized to take provisions on
credit from Merchants 70 an amount of 10 say
payable in June next.
The Order of the Day being exhausted the
meeting was closed at II O'Clock.