NO INCREASES IN H.K. TAXATION
(Continued from Page 1) the outbreak of war with Germany and no account is taken of extra ex- penses which may be occasioned by that.
PROSPECTIVe revenue IN
1940/1941
for them, are-
Charitable Service; $224,740, increas- ed grants to the Tung Wah Haspitals and for relief of refugees.
H.K.V.D.C. $107,303, increased mem- bers and equipment.
Miscellaneous Services; $320,704. Special items, 1941 Census $100,000, Hong Kong Centenary $140,000, main- tenance of Chinese internees $60,000,
on by savings
other partly offet items.
Police Force; $318,303, increased staff.
Air Raid Precautions; $889.046, com- As last year, the revenue for 1040/-pletion of equipment programme. 1941, which is put at $49,861,470, has Medical Department; $490,375, in- been estimated generally on the as-creased staff and more patients. sumption that the economic activity of the Colony will be maintained at not far short of its present level. This may prove to be over-optimistic, es- pecially since the outbreak of war, but the whole outlook is at present so uncertain that no other firm basis for estimating the revenue presents itself. Account has been taken of increased yields' due to the higher assessment and of certain other increased receipts, e.g. royalues from the Tramway Co., but no allowance is made for possible in- creases of taxation on the lines laid down by the Taxation
Post Office (Wireless); $233,808, new transmitters.
ex-
THE CHINA MAIL, OCTOBER 11, 1939.2
ABOUT YOUR EYES-A Word to the Wise is Sufficient!
When you trust your precious' gift of sight to a qualified and old 'detablished house such as ours you know that you are giving your eyes the vary "bört that can possibly be given. Our charges are reasonable and compare favi ourably with the charges of reputable Safeguard Vour Eyes By Consulting and qualified optometrists. at home. We could sacrifice quality for cheap. ness but that is not our policy. Only the very best is good enough for your eyes.
STOP PRESS
Berlin, To-day.
M. Daladier's speech was fully published in the German papers.
news-
The official agency comments on the speech and shows the various points which differ from the Ger- man viewpoint.-Reuter.
Macao, To-day. Reports of the wholesale with- drawal of the Japanese forces from Shek-ki cannot be confirm-
Public Works Recurrent $111,700 mainly due to transfers from other Heads and new system of accounting.
ed. Sanitary Department; $117,182, in- Committee,creased staff and maintenance
penses owing to larger population.
Labour Office; $92,431, new Head. Public Works Extraordinary; $1,- 368,256.
which it may be necessary to impose if conditions worsen.
Following are interesting compara- tive figures:
Rates
1939 1940/41
WORK ON NEW GOVERNMENT Revised Estimate
HOUSE STOPPED Estimate
of Public Works $
The programme $ Liquor Duties 1,750,000 2,100,000 Extraordinary, includes provision for of a Motor Spirit Duty..1,250,000 1,500,000 the completion or continuation Tobacco Duty .5,900,000 7,000,000 number of works now in progress and ..6,800,000 9,303,100 for the usual items of a more or less
.1,250,000 1,500,000 recurrent nature..
2,400,000 3,000,000 .2;100,000 2,785,000 1.3,138,000 8.995,500 982,790 1,148,400 EXPENDITURE IN 1940/41 Expenditure for 1940/41 is estimat- ed at $50,188,178.
Estate Duty Stamp Duties Water
Post Office K.C.R.
The major increases over the 1939 Estimates (after allowing for the nor- mal 25% increase in view of the Af- the teen month period covered by 1940/1941 Estimates), and the reasons
GLYN HAT
STYLES FOR
AUTUMN
SO
IMPORTANT AN ARTICLE OF DRESS IS
THE SELECTION OF
SUITABLE HEADWEAR
1
out-
SUB-
In view of the uncertain look it has been decided to pend completely all work on the new Government House and funds for it are to be provided in. 1940/1941.
no
Provision is Included for the
certain starting of
other now buildings Including the Infectious Diseases Hospital, a new Queen's College, Health Centre and a Girla (Continued at foot of Next Col.)
THAT NO MATTER HOW PLEASING YOUR NEW SUIT MAY BE. HOWEVER WELL SELECTED
—
ALL OTHER ACCESSORIES THE CROWNING REQUIREMENT REMAINS—A HẠT OF QUALITY IN PERFECT GOOD TASTE – MAY WE THERE- FORE SUGGEST A GLYN THIS AUTUMN-OUR SELECTION OF STYLES NO LESS THAN OF NEW TONES WAS NEVER SO COMPLETE AND
YOU WILL FIND HERE YOUR CHOICE MADE EASY-PRICES TOO ARE EQUALLY ATTRAC-
TIVE.
FROM 1475
TQ 2150 Less 10%
Wm. POWELL, LTD.
A NAME SYMBOL FOR QUALITY
10, ICE HOUSE STREET.
It is, however, learned that ow- ing to constant strect-attacks, the Japanese main forces have with- drawn from the city and are en- camping on the outskirts.
Some 1,000 troops of Korean and Formosan extract, have been en- trusted with the garrison of the town. -
The Chinese claim to have re- occupied several villages around Shek-ki and to have entered the city yesterday.-Our Own Corres- pondent.
Reformatory.
are
As before, all new works connect- ed with the Water Undertaking being charged to Loan Account.
HIGHEST ON RECORD
The total estimated expenditure of $50,188,178, even after allowing for the extra 3 months covered by the Estimates, is higher than any on re- cord, but if the estimates are realized the surplus of assets will remain at 31st March, 1941, substantially above the figure of $10,000,000 which has been regarded as a proper reserve.
It is true tb repeat the statement made last year that the increases in expenditure, where they are not elther automatic or forced upon the Govern- ment by the current exceptional cir- cumstances, are no more than an at- tempt to meet needs which have long been recognized as urgent. After de- ducting extraordinary expenditure (Special Expenditure and P.W.E.), expenditure amounts to only $44,521,-- 304 and is within the ordinary recur- rent revenue.
LOAN EXPENDITURE
New expenditure proposed to be met from loan is almost entirely Water Works expenditure, but includes pro- vision for preliminary investigations.. into the extension of the Aeródrome. This may eventually be a very large and costly scheme but plans cannot be prepared until the preliminary investi- gation is completed.
It is the intention to firiance all new capital expenditure on water from Ioan for the present.
Authority will be sought for the advance of $1,401,080 for the contin- uance of works already authorized uni- der loan account: and it is proposed to charge also further works of a total estimated cost of $180.000, of which the whole $180,000 will. It is estimat- ed, be spent in 1840/1941 and will be met for the time being by advances: from surplus balances.
faez da
EBOPTICIANBA
Tallin, To-day.
The first thousand Germans to leave Esthonla are boarding a German steamer to-day to return to the Reich.
Other ships are waiting and thousands of Germans are EUS- sembled here waiting to depart. -Reuter.
Paris, To-day.
M. Daladier's speech left all his hearers with the impression that the paramount task of the nation is the prosecution of the Reuter.
wat.---
Riga, To-day. Fourteen German ships have ar-
other rived at Riga, Libau and Latvian ports to evacuate 60,000 Germans who are being repatriat- ed.--Reuter.
Washington, To-day,
That France will continue the fight unless and until Hitler can devise a system of guarantees that will absolutely convince the AI- lies that Germany is ready to abandon aggression finally is the first interpretation of M. Dala- dier's speech.-Reuter.
Chungking, To-day. Ten bombs were dropped on Chengtu yesterday by Japanese planes. No material damage was. suffered and no lives lost.
It is understood that General- issimo Chiang Kai-shek had not yet left for Chungking when the raiders paid their visit. - Our Own Correspondent.
Amsterdam, To-day. Anti-aircraft guns are being placed all along the German side of the Dutch frontier, according to travellers. British air attacks on the German industrial districts in
are 'West Germany and the Ruhr presumably feared.-Reuter.
New York, To-day. Economic nationalism is, "the most prolific breeder of wars," declared President Roosevelt in a message to the National Foreign Trade Convention.
He added that liberal trade prin- ciples and practices were essen-. tial to “a trulv just and endur- ing peace settlement when the present conflict has ended."-- Reuter.
London, To-day. The men and machines of the Royal Air Force on the Western Front still await their first real ac- tion with the enemy, says Reu- ter's Special Correspondent with the R.A.F. in France.
Bomber and fighter squadrons now distributed among heavy camouflaged aerodromes behind the line patiently await, orders to attack."
British bombers have not yet dropped a single bomb : on- the Western Front But lessons are-be- ing learned about the German striking · · force and anti-aircraft- measures.Reuter.
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