VIII, D, 3 Salt: Carriedo y Peredo 193 



operations in July, 1872, not a spadeful of soil was turned until 

 six years later. 



The financial difficulty arose from the fact that the amount 

 of the Carriedo fund was far short of the estimate made by 

 Palacios. When this was considered by the municipal board, 

 they suggested making up the deficit from the following sources : 



Pesos. 



From the Carriedo fund 250,000 



By public subscription 100,000 



By loan from the insular government 100,000 



By sale of property belonging to the city 100,000 



By a tax on the skins of animals slaughtered in 

 the matadero (estimated at 40,000 pesos a 

 yeai*) for three years 120,000 



By the refund from the insular government of 

 ■ money expended on the support of the munic- 

 ipal police ("Guardia Civil Veterana"), from 

 July, 1872, to June, 1874, which had been un- 

 dertaken in accordance with the royal order of 

 June 11, 1872 80,000 



Total 750,000 



Under the scheme, which was finally approved in Madrid on 

 October 16, 1876, by the council of the Philippines, a committee 

 of officials appointed by the ministry of foreign affairs, the 

 expenditure was to be met from the following sources : 



Pesos. 



By amount available from Carriedo fund on 



December 31, 1880 389,509 



By a tax of 1 per cent (estimated at 64,000 pe- 

 sos a year) on every pound of meat of animals 

 killed in the matadero for four years 256,000 



By a loan from the insular government taken 

 from the local improvement fund 100,000 



Total 745,000 



This scheme was transmitted to Governor-General Malcampo 

 on October 26 of the same year, and received by him on Novem- 

 ber 17. The conditions attached were that the Carriedo fund 

 should not be touched till the meat tax had been exhausted, that 

 the work should be finished in 1880, and that Palacios should 

 not exceed his original estimate.^" 



This implied that construction should commence on receipt 

 of the authorization. As, however, the commencement was 

 delaj'ed until 1878, the city was enabled to dispense with any 



"'Expediente economico (1872-76), 1-9. 



