I note that the sum of £26,990 is at our credit with the Bank and that you propose to deposit £10,000 for 6 months at I think you told me 4 p.c. per annum. I dont like this a bit - to borrow money at higher interest than you reinvest it for, is bad finance. Have you provided for the different accts. on which the loan was to be expended. For instance has the amount voted for Immigration been paid into the Immigration Acct. - it ought to be if it has not been done. I wd. if I were you pay off as many of the Loan items as you can before loding any sum on deposit. What about the Land purchase funds can nothing be done to push the purchases. I feel quite sure that unless the money for land buying is expended or pledged before the Provincial Council meets that