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66
PUBLIC
Amoant
uf
Original Debt
Amoant repaid
Amount outstanding
M end of year
under Re*riew
To whom due
Rate
of
latereat
£60,000
£254,000
£21,692 8s. 2d. £38,307 lis. lOd
£111,870
£142,130
Imperial Treasury
Imperial Treasury
3 per cent.
and 1 per
cent.
Sinking
Fund.
3-£ per cent.
NOTE.—Underfan Annex to the Convention of 4th June, 1878, between Great
Britain and" Turkey the former - Power" undertook ~xo paytto the -PorteyiinnuaiUy
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 £87,686 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 4tb September, 18S4,-when the Cyprus Government
took over tlie administration ot* the Lighthouse Service in the Island. This sum
represents 22% °-* the receipts of the Ottoman Lighthouse Administration which
the Sublime Porte enjoyed under the concession granted the Company for
lighting the Coast of Cyprus.
By a further 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 lauds.