162 



PARA RUBBER. 



The upkeep for the second, third, fourth, and fifth years 

 would be as follows : 



Quit-rent, 500 acres at 50 cents per acre (four years) - $r,ooo 

 Weeding, second year, 500 acres at 75 cents per acre per 



mensem 4)5 

 Weeding, third year, 500 acres at 65 cents per acre per 



mensem - 3>9 

 Weeding, fourth year, 500 acres at 50 cents per acre per 



mensem 3, 



Upkeep of drains, 75 cents per acre per annum (four years) - 1,500 



roads, 75 i>5 



Supplying vacancies, second year, 50 cents per acre per annum 250 



,, third year, 25 cents 125 



Insect pests, $2 per acre per annum (four years) 4,000 



Repairs to coolie lines, second, third, and fifth years, $25 



per annum 75 



Repairs to coolie lines, fourth year (re-ataping) 150 

 Repairs to bungalows (two), second, third, and fifth years, 



$25 per annum 150 



Repairs to bungalows (two), fourth year (re-ataping) - 150 



Tools and implements, $25 per annum (four years) - 100 



General transport, $100 ,, ,, 400 



Manager's salary, $3,600 ,, 14,400 



Conductors salary, $600 ,, 2,400 



Contingencies, insecticides, stationery, &c., $500 per annum 2,000 



Upkeep until end of fifth year - $39,600 



Add first year's expenditure - 25,275 



Total expenditure - $64,875 



The total expenditure for five years is therefore $64,875, 

 being an average of $50.55 per acre for clearing and planting, 

 and $19.80 per acre per annum for upkeep, including the 

 manager's salary. Taking the rate of exchange at is. lod. 

 the average for the last two years this is equivalent to 

 5,946. 175. 6d. sterling, or an average of 11. 75. loid. per 

 acre ; to which must be added the interest on all money 

 expended. 



Nothing has been estimated for weeding during the fifth 

 year, as it is anticipated that the trees will give sufficient shade 



