404 THE HONGKong governMENT GAZETTE, 17TH OCTOBER, 1868.
Average daily Revenue under "Stamp Ordinance 1866,"
Yearly Revenue,
...$
244.48
365
$89,235.20
Average daily Revenue under "Stamp (Amendment) Ordinance 1868,"....$ 257.99
Yearly Revenue, .
365
$94,166.35
* This includes the amount of duty on Bank Note circulation for the period stated, although under the Law of 1866 it was only collected once in Six Months.
This includes the duty on Bank Note circulation for June, July and August,
which under the Law of 1868 is collected monthly.
The "Stamp Ordinance 1866" came into operation on the 10th October 1867, under the Proclamation dated 28th September 1867.
The "Stamp (Amendment) Ordinance 1868" came into operation on the 1st July 1868, under the Proclamation dated 23rd May 1868.
Comparative Statement of the Revenue from 1st April to 29th June 1868, under the "Stamp Ordinance 1866," and of the Receipts from 1st July to 28th September 1868, under the "Stamp (Amendment) Ordinance 1868."
Revenue for 90 days under old Law from 1st April to 29th June 1868.
Less Revenue collected
in June for items not liable to duty until 1st July,
$26,760.25
3,974.73
Revenue for 90 days under new Law from 1st July to 28th September 1868.
Increase under new Law.
$22,785.52
$23,219.33
$433.81
F. W. MITCHELL, Collector of Stamp Revenue.
Stamp Office, Hongkong,
28th September 1868.
The Appropriation Bill is then read a first time.
The Honorable H. B. GIBB, with leave of His Excellency, asks whether there was any intention of
giving a Grant in aid of the Funds of the City Hall.
His Excellency replies that he had already invited the Committee of the City Hall to explain the nature of any Public advantage to be conferred on the Community by the erection of the City Hall, and in reply to his Inquiries had ascertained that the Museum and Library were to be open gratuitously to the Public. Therefore, if the Council recommended it, he would insert in the Estimates $5,000 as a Grant, and $1,200 as Salary to the Curator of the Museum and the Librarian.
The Honorable Members having expressed their hearty concurrence in the proposed Votes, His
Excellency agrees to direct their insertion in the Estimates before next Meeting of Council. His Excellency then adjourns the Council at 20 minutes before 5 O'clock.
Read and confirmed, this 13th Day of October, 1868.
L. D'ALMADA E CASTRO,
Clerk of Councils.
RICHARD GRAVES MACDONNELL,
Governor.