illness

including illness and extreme pressure

of business have prevented

my

drawing

up such a report of the Colony's present position and such

analysis of the

events and transactions affecting it during 1868, as I had hoped to complete before this.

Can no

longer, however, detain

the Blue Book, and, therefore, forward

it in the hope that I

may be able

to send an

explanatory despatch in

time to be printed for circulation with

some of the

more

important Returns

appended to it.

As elucidating the financial position of the Colony I bring to notice the

statement which I laid before the

Legislative Council last September, as

it deals with

a variety of

subjects interesting locally. It is right, however, to remark that since framing

that financial statement I have received instructions from Your Lordship greatly limiting the amount to which the Special License Fund is available for The Police Force.

On the whole I see reason

for congratulation that during a period of unexampled Commercial depression in China this Colony has managed,

so far as its public finances are concerned to emerge from a state of insolvency to one of assured stability, without leaving a single claim

Page 609


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41

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