Hongkong.
Colonial. 43
Return showing the Annual Revenue, Expenditure and Grants by the Imperial Parliament for 6 years from January 1845 to 31st December, 1850.
Parliamentary Expenditure
Years Revenue Grants Expenditure Remarks 1845 22,242 46,000 67,438 1846 27,000 36,900 61,451 1847 50,868 34,000 63,143 Part of expenses of this year 1848 25,001 25,000 I had been transferred to 1848. The purchase of the fourth House for £5000, the completion of which commenced in February, the Blue Books for current year, usate the amount of £3991, also for Service of 1847 paid during this year with account, is included in the Cineram of the Expenditure. 1849 25,432 25,000 52,166 Estimated for: 1850 1850 24,000 20,000 44,388General Remarks
Recovery of Arrears of Land Rent of 1843/4/5/6 during the year 1846/7, the large Receipts of Licenses during 1846/7, and the Receipt for the Opium Tariff, which monopoly was abolished on the 12th August 1847.
Revenue of these years are so much in excess. The principal Cause being over the years 1848 to 1850, to which may be added that during the latter years considerable loss of Rent has been incurred by the remission of Rates, the gradual reductions of the Establishments.