122
to Kowloon
мо
the settlement
intelligence of which has reached
the Colony up to this date; but however this may be, the fact is evident that less than eleventh of the Estimate for the
Wh
year has been realized and that
Premium
on land will not
Cenceforward be so profitable a
Епись
25.
of
Revenue
as it has been.
Turs much as to Receipt;
as to disbursement I would note that the surplus in past years has not been unused, principally owing to the inadequacy of the Surveyor General's Department
for undertaking the necessary Public Works; the money therefore has remained in hand
should
say
Cor
at interest) but it has not the less been forestalled and
unavailable and is still so.
26.
And here I may call
attention to the memorandum above enclosed of
Public Works proposed and certainly required,
and especially to the Mint and to the two jetties in Victoria and
Stone Cutters Island of the
Mint I would only
say
-
thank the
benefit to be derived from it, to par
as I can see
see,
though I admit I