Assuming Even 1,500,000
Acres To Be Culturable, With An Average Rental Of 2 Shillings An Acre,
The Should
Have a revenue from this source alone of 150,000 pounds a
year.) from houses, from customs and excise duties,
As will ensure a
total income of more than 200,000 pounds a year.
Expenditure of Cyprus.
The estimate of expenditure is based upon the actual cost of the Turkish
and native establishments now maintained, and the cost of the new
agencies created by the change of administration. The account of
expenditure rendered by the Ottoman Government for the past five years
gives an annual average of about 24,000 pounds a year. Deducting from
this rate the pay of officials and subordinate establishments no longer
retained, also pensions and charitable allowances, and the cost for six
months of the old Zaphtieh or police force (the corresponding charge for
the reformed police force being added to the estimated cost of British
establishments), the balance of 1,972,000 piastres, or 17,000 pounds,
may be accepted as a fair estimate of the charges for native
establishments in the island during the current official year. The
charges for British establishments are estimated at 35,000 pounds, and
they include expenses, incidental to the occupation of a new country,
that are not likely to recur. It will be possible, in the future, to
reduce the scale of charges for British and native establishments, as
further experience is gained, and the entire machinery of the executive
administration is brought under effective control.
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