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54
Amount
.if
Origin***! Debt
Amoant
repaid
Amount
outstanding
at cn i
of
year
under Review
To w h o m due
Rate
of
Interest
£60,000 £14.916 14s. lid.! £45,083 5s. ld. j Imperial Treasurv
£254,000
£81,390
£172.610
Imperial Treasurv
o per cent.
and 1 per
cent.
Sinking
Fund."
a j* per cent.
N O T E . — U n d e r an A n n e x to the Convention of 4th June, 1878, between Great
Britain and Turkey the former Power undertook to pay to the Porte annually
a sum 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 was determined to be £S7
;
6S6 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 annum also became payable, under
the same Annex, since the 4th September, 1884. when the Cyprus Government
took over the administration of the Lighthouse Service in the Island. This sum
represents 22»/
0
of the receipts of the Ottoman Lighthouse Administration which
the Sublime Porte enjoyed under the concession granted the Company for
lighting the Coast of Cyprus.
BT a farther Agreement of 3rd February, 1879, a further sum ot £5,000
was to be paid annually to the Porte in respect of the produce of State lands