THURSDAY, JUNE 9, 1932.

THE CHINA MAIL.

being allotted. The Sinking Fund amounted to £98,036 38 against £75,749 at the end of 1930.

General,

The Colony's Finance In Past Year

The estimates for the year were based on $1.-18./4d, and a deficit of approximately $2,300,000 was budgeted for. To reduce this deficitit WES decided that

274 More Prisoners Than In 1930

the basis of conversion of COMPARATIVE FIGURES FOR PAST

Revenue Surplus Of $1,985,950 ng aniaries inte

Over Expenditure ·

THE TREASURER'S

REPORT

The report of the Colonial Treasurer, the Hon. Mr. Edwin Taylor, on the Finance of the Colony for the year 1931 makes interesting reading, and com- parative figures are given for the past decade.

Was

sterling

Into dollara should be altered, half be ing converted at the Treasury rate of exchange and half at 15./6d.

to the dollar. The adoption of this

saving of $388,000 in the expendi- ture reducing the deficit to $1,912 000. The opening rate of exchange: for 1931 was however 15./0d to the dollar and it was estimated 1/4d. to 1/- would increase ex-

that the fall in the dollar from

to

DECADE

The report of the Superintendent of Prisons, for the year 1931, shows that 274 more prisoners were received into prison than during the year 1930. Interesting comparative figures for the past decade are contained in the report.

COMPARATIVE FIGURES.

The number of prisoners received into prison during the year and the corresponding number for were as follows:-

penditure during 1931 by $1,838,000 allowance having already been The Revenue for the year amount and $480,000 to the increased scale made for the payment of salaries. ed to $38,146,724 and the Expendi- of Liquor and Tobacco Duties im- in the manner indicated. Steps had:

therefore to be. taken. both ture

$31,160,774. Revenue posed in September. The approv therefore exceeded Expenditure by ed estimate of expenditure for the to reduce expenditure and

revenue. The Estim- " $1,985,050. The approved estim-year was shown as $29,787,855 and increase

ates were accordingly prun Convicted by Ordinary ated revenue for the year was the revised estimate amounted to

ed the

to the extent of $27,488, 759 while the revised figure $31,152.500 or $8,274 below

$950,- 1000 and extra revenue was obtain was $31,204,368, an increase of ectual expenditure. $3,715,609. The actual revenue The following statement shows ed by increase. therefore exceeded the revised es- the, Revenue and Expenditure for timate by $1,942,856 of which each of the years of the last de-i $877,000 was due to Land Sales | cade:

1902

Year

1923

1924

1925

Revenue Expenditure Surplus Deficit $22,291,065 $18,563,003 $4,728,062 21,571.900 3,211,858 24,783,763 24,209,640 26.720,428 23,244,360 28,266,818

1026

21.131.582

1927

24,058.399 21,230,242 23,554,475 21,983,257 1,571,213

23,524,716 21,344,536 20,845,065 499,471 8,738,157

$2,516,788 5,022,452 2,393,134

27,818.473 28,119,048 33,146,724

301,173

31,160,774 1.985,350

of

192

1929

1420

1031

Revenue

The largest individual item revenue is derived from the assess-

$3,679,088.

Trade Quieter..

Intendent and Medical Officer befrig over sixteen years of age. In three 1930

corporal punishment awarded by courts in addition to 1930 1931. sentences of imprisonment.

Courts Debtors...

5,624

73

On remand or in de-

fault of finding surety 796

cases

WAB

The percentage of convicted pri- 5,921 aoners admitted to prison with pre- 44vious convictions recorded against them was 21.8 as compared with 802 22.8 for 1930. Trade as a whole in Hong Kong may be described as about the same

Total

6,493 6.767 with a quieter tendency. From

Fifty-three boys were admitted as statistics however, the import trade would appear to have been slightly Juveniles ie. under sixteen years of during the year with better than in 1930. The exportage.

from trade did not shew any signs of in-sentences varying creasing in spite of the low dollar. days' detention to twelve months'

hard labour. Of this The political troubles. in China

were added to by serious floods dur ber twenty-three only

five

266 prisoners were convicted byl Public Courts in the New Terri-} tories against 260 for the previous year.

the

The following table shows number of convicts in custody on December 31 for the past ten years, Bum- and the percentage of the total were number of prisoners in custody, to

ing the earlier part of the year in treated as Juvenile Offenders; the the estimated population of Hong the Southern Provinces and later others in the opinions of the Super-Kong:- on by the overflowing of the Yang-

land sales. Stamp duties (includ-te River causing disease and the Chinese ing estate duties) follow with tariffs were increased. A feature

famine and finally In the following table the actual worth recording was the boycott of ment tax, the sum of $5,814,017 be- revenue for the year 1931 is com- Japanese goods during the last ing collected in 1931. This repre-pared with the revenue of the pre-quarter of the year. The effect of sents 17.5% of the total revenue or vious year and with the Estimates this was a large falling off in im- 19.4% of the revenue exclusive of for 1931.

Heads of Revenue.

Light Dues

Liccrces and Internal Revenue

otherwise specified

Year.

CENTRAL THEATRE

SHOWING TO-DAY

at 2.30, 5.15, 7.15 & 9.30 PM.

THE GREATEST CHINESE, TRIUMPH ON THE SCREEN

HUMANITY

With the GREAT SHENSI FAMİNE OF 1980 “AS BACK- GROUNDS. A PICTURE NOT EITHER THE CHINESE- OR THE FOREIGNERS CAN AFFORD TO MISS

NEXT CHANGE

SINCLAIR LEWIS'S GREATEST NOVEL BECOMES

SAMUEL GOLDWYN'S GREATEST SCREEN ACHIEVE-

MENT.

C

SAMUEL GOLDWYN

RONALD

"ABROUSMITH,

HELEN HAYES

UNITED ARTISTS

PICTURE

HOM THE

NOVE SINCLAR

LEWIS

SHOWING SOON

THE STORY OF A WOMAN'S LOVE & REDEMPTION

Actual 1930.

Estimates

1931.

329,913.46 $ 648,740 $

not

ports from Japan which together with the higher dollar during the last three months deflected tho Actual

1931. trade in piece goods to the United 658,337.30 Kingdom. It is indeed a source of

how satisfaction to record

well

1922

662,200

269

.089

-787-

.119

1923

691,800

204

.0.18

361

.126

1924

799,550

345

.043

1,066

.183

1925

874,420

304

.045

1,116

.128

1926

786,920

409

.052

1,054

.184

1927

890,400

392

.044

1,189

.136

1928

1,075,690

352

.033

1,071

..100

1929

1,076,630

381

.081

1,075

100

1930

1,143,510

256

022

1,175

.103

1931

* 840,761

202

,024

1,102

130-

44

MADONNA

... 16,169,268.40 18,568,075 20,934,508.19 Hong Kong has stood up against

Fees of Court or Office, Payments for specific purposes, and Reimburse- ments in Aid

2,113,862.02

Post Office

1,376,207,08

973.128.03

Rent of Government Properly, Land

and Houses

1,541,895.59

...

2,285,102 1,300,000 348,550

1,432,420 300,799.73 133,000 2,000,103.05 $22,872

Kowloon-Canton Railway

Interest

Miscellaneans Receipts

Total (exclusive of Land Sales)

world depression and unrest. 2,621,425.94) The year from A Treasurer's 2,035,938.60 point of view has been most dif 1,095,098.77, cult, and arduous. A shilling dollar in January and every prospect of a 1,587,942.43

224.460.46 very large deficit by December call- 811,114.04 ed for the greatest care in expendi-

* From 1931 Census. Population. In previous years over estimated.

ture. The subsequent increases in WAR $24,053,575.89 $25,388,750 129,068,916.79 taxation especially in the many 1,500,000 3,177,807.94 minor licences and fees as enumer- Land Sales (Premiu on, New Lenses) 2,864,807.03

.$27,878,472,92 $27,488,75 $33,140,723.73 ated earlier in this report were not

done without a great deal of care! Ordinary Expenditure $28,785,848 and consideration. Extraordinary Expen-

Total

Each Head of Revenue showed an increase over the Estimates for 1931 and with the exception of In- terest and Miscellaneous Receipts over the Revenue for 1930.

Expenditure.

WOB

ture, Public Works 2,374,931, Statement of Assets and Ordinary Expenditure for the Liabilities on December

$28,785,843 against

31, 1931. year $25,269,147 in the preceding year showing an increase of $3,516,696. In the following table actual expenditure for the year 1931 in

The expenditure for the year amounted to $31,160,774 against an estimate of $29,787,965 an increase compared with the expenditure of of $1,372,919. The total sum of the previous year and with the Es- $31,160,774 is made up as follows:-timates for 1931.

3

Heads of Expenditure.

H.E. the Governor

Cadet Service

Senior Clerical and Accounting Staff

Junior Clerical Service .....

Liabilities,

Contractors and Officers Deposits Suitors Fund...." Miscellaneous De-

posita

Deposits:-

Actual 1930 Estimates, Actual 1931 Postal Agencies

Suspense Account 636,078.97 Exchange Adjust- 341,045.84 ment 871,431.71 Trade

serve

Loan *Re-

68.228.05 Praya East Re-

1931 150,450.32 155,800 170,605,97 517,810.01 566,221 384,113 323,750.12

916,050 860,845.52

Colonial Secretary's Office and Lėgis-

68,438.13

18,896.25

60,025 10,620

34,189.04

54,035

07,919.44

72,604

24.317 24,844.96 13,752.01 12,340

359,689.81 408,405 406,215.30

lature Chinese Affairs Secretariat for

Treasury *** Audit Department District Office, North

da,

South....

Communications:-

(a) Post Office

(b) do. Wireless Telegraph

Service#

Imports and Exports Office Harbour 'Department

Royal Observatory

Fire Brigade

Court

Supreme Cou

Attorney Geners?

Crown Solleitar's Office

Official Receiver

Lond Office

Alr Service

Magistracy, Hong Kong

do.

Police Force

Kowloon

Prisons Department

Medical Department

Sanitary Department

Botanical & Forestry Department

Education Department

Public Works Department

do.

Recurrent

do. Extraordinary

Kowloon-Canton Railway

Defence:-

(a) Volunteer Defence Corps

(h) Military Contribution

Miscellaneous Services

Charitable Service

Pensions...

Charge on Account of Public Debt

Total

47,499.98 21,220

47,911.9%

21,308,43 71,280.57

clamation 81,080.71 Coal Account

22,958.36 Crown Agents— 11,041.82 Overdraft

71,012 326,479 178,254 47,228 50,822 18,001

20,711.14 38,754 42,103.90 1,990.87 1,892.66

Total Liabilities Excess of Assets over Liabilities..

PREDICTED BY DR. KOO.

Threat to Asia and the World.

TRADING JUNK

ASHORE.

THE POSITION IN MANCHURIA.

Peking. Yesterday.

Badly Holed at Fu

Tau Mun.

CREW REMAIN ABOARD.

Yesterday afternoon, the Water In an exclusive interview with Reuter to-day, Dr. Wellington Koo, Police Station received a wire- 415,261.81 Chinese assessor with the League | less message from the officer-in- 590,712.07 of Nations Mission to Manchuria,

painted a gloomy picture of the charge of No. 4 Police launch to 2,611,171.02 situation in Manchuria. He be- the effect, that a trading junk, 1,451.91 lieves that war, not only in East No. T23238H, of about 3,000 was ashore at

923,010.85, Asia, but throughout the world, la picula capacity,

imminent unless a solution is quick-

Attempts to refloat the vessel were found impossible as she was badly holed.

332,099.29 ly found, based on solemn Interna-Fu Tau Mun.

tional agreements and justice to 1,045,389.41 China, as explosion in Manchuria would cause repercussions in the 142,642.33 rest of the world. Distance would 2,672.58 no longer be an insulator of shock.

Dr. Koo said that the Commia 1,957.16 sion and its Chinese delegates were 6,065,768.53 considerably bampered in their movements by constant surveillance, 11,347,629.47 and thus much evidence from Chin

ese witnesses was prevented.

This evening Dr. Koo, accom panied by the Earl of Lytton, the Italian and German commission- ers and the Japanese assessor, will leave for Tsingtao to enable the 3,484,014.01 Commissioners to decide the place where they can draft their final report-Reuter.

120,997.00 149,981 148,677.96 903,191.60 871,194 1,031,294.48 999,606.03 1,104,894 962,618.12

Total .... $17,418,398.00 $3,896,70 154,588 26.691.12. 54,138.40

74,187.85

Assets. 315,431.08.

305,016.77 185,318.02 Advances:-

50,682.92 On account of

Future Loan... Purchase of three Locomotives, for Chinese Section Kowloon-Canton 778.119.73

Railway... 1,336,028.89

Miscellaneous 251,751.68

Building Loans 116.658.84 1,707,587.94 Imprest Account 2,306,478.48 Subsidiary Coin 1,581,020.75 Investments:---

2399 24190 2,190 2,569,684.42 2,710,962

677,585.16

718.309

888.840

126,191.99

119,087 1,652,169.88 1,789,708,

2,033,300.08 2,088,928

1,564,118.48 1,588,150 2,850,498.88 2,500,000

826,405.47 947,547

98,842.05

103,060

3,863,769.31 4,784,280

1,788,444.10

235,186,50 142,295 1,588,117.82 1,438,230 1,080,821.90 1,228,000

2

2,374,081.09 Surplus Fund

879,211.25 Crown Agents Re-

97,088.28 mittances 4,932,508.38Trade Loan

Out-.

2211,125.69 standing 1,400,955

174,588.90 1894.290.75 Unallocated Stores, 1,541,441.41 (P. W. D.)

Unallocated Stores,

(Railway)

-$28,119,045.54 $29,787,855 $87,166,774.00 The excess of Assets over Lia-1.788 and the Sinking Fund stood at bilities on the 1st January 1980 £761,447 as against $719,664 at the was 39,861,679. On the 31st De end of 1980, cember 1981 this sum had increas The Public · Worky-Loan (Or-

a to 311,847,629 the difference dinance No 14 of 1927)

of 31,885,990 is the excess of re- to $4,927,000, $9,000,000†

ounted

A recorded Jon was issped locally at par

Lorry Haulage® Ac-

Account Cash Balance.

Treasurer

447,468.26

Soviet Supplying Arms?

Harbin, Yesterday. Allegations that the insurgent 83,086.70 forces in Manchuria are being kept 1,058,92431 regularly supplied with arms and 6,830.81 ammunition from Soviet Russia are 1,296,805.90 suggested In Japanese military de-

spatches. 1,863,434.80 General Ma Chan-shan has not

given up his fight against the Jap 41,588-44 anese nor has he been captured as recently reported. It is stated 1,282,579.76 that Genera) Ma is now at Edi-an- chen, to the north-east of Koshan 517,248.14 and the Japanese, report that about five thousand of his troops. are 168,546.81 marching south Reuter

1748.26

OREL

The crew, consisting of twenty men, wished to remain on board, as they expected the return of their master, with assistance,

NEXT CHANGE AT THE KING'S.

kuru vital today when its dramatinė [on the silent"

THE

MIRACLE

MAN

EVELYN BRENT & ROBERT AMES

IN

OF THE STREETS"

COMING!

NG! COMING!

THE GREATEST RKO-PATHE SUPER SPECIAL

BILL BOYD

IN

"SUICIDE FLEET"

ALSO

THE NEWEST 1932 UNITED ARTISTS' SUPER SPECIAL.

HOWARD HUGHES

AIR

COCK OF THE

CHESTER MORRIS

DCL

ARTISTS

"D. C. L."

MALT EXTRACT

·WITH

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Le made from the Barley and

THE DISTILLERS COMPANY LTD. EDINBURGH

PRICE

COTM LID

inscr

and 1906 amounted to £1,485,

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