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42
GARDEN CITIES OF TO-MORROW.
This sum would be available as follows:—
| For landlord's rent or interest on purchase money £240,000 at 4 per cent., - - - - |
£9,600 |
| For sinking fund (30 years), - - - - | 4,400 |
| For such purposes as are elsewhere defrayed out of rates, - - - - - - |
50,000 |
| £64,000 |
It is now important to inquire whether £50,000 will suffice for the municipal needs of Garden City.
