FINANCE AND EMPLOYMENT. 45 



Annual Expenditure. 



1. Head forester, _;2{^ 200 to ^250 . . say 



2. 3 Under foresters, at ^75 per annum each . 



3. 7 Forest guards, at ;£^2 per annum . 



4. 6 Rabbit killers, at 22s. per week (less price 



of rabbits sold) ..... 



5. Planting of 450 acres, clearing plants and 



switching bracken, at ^3 ^ . 



6. Draining ...... 



7. Fencing (measured average for 5 years) — 



4 miles deer fencing .... 

 4 miles sheep fencing .... 



8. Rent for the first five years — 



Invermoriston 



Aberchalder ...... 



Glendoe ...... 



Arable land at Borlum, Aberchalder, etc. 



9. Rates, say . ..... 



10. Stationery ....... 



1 1. Repairs and upkeep ; travelling and incidental 



Nole. — The above sum of ^3949 does not include interest 

 on initial capital expenditure, which, at 3 %, on ^17,600 = ^^526. 



Estimated Income from Crofts (including Sinking Fund). 



1. 20 crofts, at ^13 ..... ;^26o o o 



2. 20 crofts, at ^6, 2s. . . . . . 122 o o 



3. 20 crofts, at;,^3, los. ..... 70 o o 



£as- 



Note. — No estimate is submitted of profits which might be 

 made from the birch and other timber at present growing on the 

 ground. 



^ This figure is based on experience of the district. In other districts, 

 where the cost of planting and cleaving runs up to £->,, los. to £^, los., the 

 amount of labour will be proportionately increased, and the figures given 

 on page 46, under heading (A) will in these cases need a corresponding 

 alteration. 



