Bsi Finances
p. 18 · Read in the full issue
Cash Available for Resumption of Administration
IN view of the task which will confront the High Commission of the West ern Pacific, in resuming administra tive control in the British Solomon Islands Protectorate when the Japs have been chased away, the Protectorate’s last recorded financial statement is of inter est. This is dated January 31, 1942, and it was published recently in the WPG Gazette.
The Administration then held £37,689, as a credit balance in general revenue, £5,430 against “insurance of vessels,” £3,709 as a fund for replacement of ves sels. and £12,712 merely described as “deposits”—the total being £59,866. Most of this was in cash (£46,239), while of the balance £9,772 was in fixed deposits.
It is presumed that the Administrator (Mr. W. S. Marchant) got most of his records safely away when he and his staff left Tulagi, for an unknown island, prior to the Jap invasion, in April last.
Mr. E. L. Leembruggen, of the G. and E. Colony service, has been seconded for service in the New Hebrides, as from October.