The only public obligation besides the Tribute is a debt for the first instalments of an Irrigation Loan which has been sanctioned by the Imperial Parliament, and which is fully secured with all charges on the lands irrigated. The annual charges for the Tribute payable to Turkey under the Convention are £87,686, with 4,166,220 okes of salt in kind, £113 11s. 3c.p. in respect of certain Light Dues, and £5,000 in respect of the produce of the State lands, making £92,799 11s.3c.p. payable in money besides the salt. Currency. The current gold coins are the English sovereign and half sovereign, the French 20-franc piece, and the Turkish lira. The silver coins used are the British silver coins. The copper coins are local, one piastre piece and a half-piastre and a quarter-piastre coins being used-9 piastres make one shilling. There is no note currency. It is not possible to ascertain the amount of coin in circulation or hoarded. From the annexed returns it appears that since the British Occupation £312,689 more gold coin has been imported than is known to have been exported, and £24,221 more silver, making £336,910 in all; but this amount is no doubt subject to considerable reduction from coin which has been taken out of Revenue. Expendi ture. Revenue. Municipal Bodies. There are eleven municipal bodies, and the following tables shew a comparative statement of the revenue and expenditure for the last five years, and contain a return of the debts due by each with a statement of the provision for their repayment : 1894. 1895. 1896. 1897. Expendi ture. Revenue. Expendi ture. Revenue. Expendi ture. Revenue. 12 1898-9. CYPRUS, |