The expenditure to November 30, 1908, was $2,976.27. We expect that the further expenditure, I suppose for the payment of the balance, will be $2,023.63. The accounts are not all in yet. That would make a total of $5,000 expended before the close of the fiscal year. The surveys are not entirely completed, and we want to continue the work.
Subtopic: INTERNATIONAL WATERWAYS TREATY.