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PUBLIC DEBT.
Under an Annex to the Convention of 4th June, 1878, between Great
Britain and Turkey the former power has undertaken to pay to the Porte annually
a •'um representing the excess of Revenue over Expenditure calculated on the
average of the five years preceding the date of the Convention, excluding the
produce of State and Crown lands let or sold during that period. The amount to
be paid has been determined to be £S7.6.S6 per annum : this to be in addition to
4,166,220 okes of Salt to be paid in kind. . " ""'"'" ;•••*' '
The sum of £113 lis. 3d. per anuum has.also become pavable, under
the Mime Annex, since the 4th September. 1884, when the Cyprus Government
took over the- administration of rhe Lighrhouse Service in the Island. This sum
represents 227„ of rue receipts or' die Ottoman Lighthouse Administration which
the Sublime Porte enjoyed under the concession granted the Companv :or
lighting the ("oast ot Cyprus.
By a further Agreement of 3rd February, 18711, a further sum of £5,000 is
to be paid annually to the Porte in respect of the produce of State lands.