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INDO CHINA STEAM NAVIGATION CO., LTD.
SAILINGS SUBJECT TO ALTERATION.
Saifings,
Sun. 9th Nov at Wed. 1th Nov at Sun. 18th Nov at Wed. 13 Nov at
Pri. 7th Nov at Satur 15th Nov at Mon. 8th Dec at
Wad 19th Nov at
THE HONGKONG TELEGRAPH. FRIDAY, NOVEMBER
KOWLOON TONG SCHEME.
FINANCIAL SETTLEMENT BY THE GOVERNMENT.
MR. BRAGA'S QUERIES.
1930.
been submitted to the Government such of them as have paid their by the Kowloon Tong Company? proportion.
My third question relates to a re- Hon. Mr. Braga: And the Gov- ply given by the Government at aernment knows exactly what this Council meeting held on July 23. proportion is going to be% last year, as reported in Hansard at page 125 in which your pre- decessor, Sir, stated "When the whole scheme has been completed Government will under sub-clauses
The Chairman:-That is a mat- ter between Subscribers and their own Association, with which the Government deals as a body.
Hon. Mr. Braga:-That is an im- (b) and (c) of Clause 5 of the portant point when it comes to the Agreement be entitled to receive Subscribers, because I know of in- in all a sum of $315,827.22." It is stances where Subscribers have The financial settlement of the pertinent, Sir, to enquire whether paid and yet fresh demands have Kowloon Tong building scheme this sum of $360,000 odil dollars been made upon them for an ad- been received by the ditional percentage of the excess was discussed at a meeting of this has
in the first in-cost, and it is here where I think Finance Committee of the Legis. | Government.
stance or whether it has been the Government ought to step in lative Council, held yesterday set off against any account and protect Subscribers, and so if afternoon, when મ vote of owing by the Government to $105,000, being the Government's the Company, and whether the contribution to the settlement. sum of $105,000 included in the Minute is an additional sum to the
A Final Settlement. came up for approval,
The Chairman: I think this is $315,000? In other words, whether, in order to assist in the closing of the final statement of accounts, an absolutely final settlement of the Hon. Mr. J. J. Paterson:-Is the sum of over $420,000 is required to whole thing.
this Council were to vote $105,000 Subscribers should be entirely free from any further exactions.
The Chairman:-Wo shall not be asked to vote this until the other $105,000 has been definitely settled. Treasurer:---We The Colonial shall not pay until they pay.
The official explanation of the vote was:-The Agreement for the taking up and development of an ares at Kowloon Tong, giving effect to the Garden City scheme prepared liquidate what I may term the Gov- by the late Mr. C. Montague Ede,ernment's share of the losses aris-$105,000 guaranteed?
of the Kowloon Tong! provided for the carrying, out bying out
l'scheme? - the Government of certain forma-
A. Committee's Report. tion and other works, and for the
The Chairman:-I think I can payment of premium for the Lots comprised in the scheme-area, and answer your questions generally,
Hon. Mr. Braga: So that we for the grant of Crown Leases to There was a Committee that sat on
report is can take it that Subscribers will the subscribers to the scheme who this settlement whose duly paid their proportions of the here and which can give you if not be called upon to pay anything development cost and the premium. you wish, although it is a very more. I have been at such length Owing to difficulties, many of long matter. You will remember because Subscribers are, in a large yourself, Mr. Braga, that difficulties number of cases, very small salaried which could not have been foreseen, arose over the Kowloon Tong men who, in some instances, have encountered both by the Govern-scheme owing to labour, troubles in drawn entirely their Provident ment and the Company which 1922 and 1925 and disturbances in Furd money in order to be sure of undertook the development on a
the Colony, and, that for one reason a roof over their heads when the non-profit making basis, there were
or another the expenses to Sub-question of housing accommodation delays and increases of cost. Dis-
scribers were very much more was in a very acute stage a few heavy than they were originally years back and I think they really estimated to be, mostly for reasons deserve every protection and con-
premium."
putes arose between the Company and the Government, and between the subscribers and the Company as to the increased cost of develop-quite beyond control. As a consideration.
sequence, difficulties arose between. The Chairman:-I think they ment. In order to dispose finally the Subscribers, the Prometers and have had consideration and protec- of such disputes and to close the
the Government-the three sides tieu and this is a final arrange- subscribers accounts relating to
to the question concerned.. It' ap- ment to which they are all agreed. Hon. Mr. Braga:-That is satis- the completed scheme, it is intend- ed, with the approval of the peared at one moment as if there
was going to be very serious litiga factory. Secretary of State. to contribute
The vote was approved. tion, and the recommendations of towards an 805; but final settle this Committee have ended in an
Courses of Study. ment the sum of $105,000 or half agreement between all three sides.
Regarding a vote of $2,000 for the total amount required. The One more side is concerned, and the Medical Department to meet amount of such contribution is
expenses of courses of study and ut- slightly less than one-fourth of the that is the contractors whose bills were overdue for payment, and
tendance at the Medical Congress, the result is that they have reduced
the Hon. Mr. J. Owen Hughes their demands to 80 per cent, and enquired if these extra courses of Mr. Braga's Questions.
the remaining excess over the The Hon. J. P. Braga said: original cost to Subscribers is study had already been authorised There are a few points that require equally shared between the Gor-by the Government for medical of clearing up before I feel I can vote ernment and the Promoters, and for such a large sum of money in with these two payments-the Gove connexion with the Kowloon Tong ernment subscription being in ef building scheme. I think in order feet a reduction of one quarter of to facilitate replies, Sir, I should the premium which they would put my questions separately after otherwise have received the whole each has been answered. The first matter is settled and much future is one that really asks for a little trouble avoided. All the parties explanation because the explanatory are in agreement and the Govern statement in paragraph 2 of Itemment feels justified in asking for 7 m 134 does not appear too clear from this vote to make the agreement 7.m.my reading of the last three lines. 7 a.m. It is stated that it is intended, with 7 a.m. the approval of the Secretary of State, to contribute towards an 80
3 p.m. per cent, but final settlement the 3 pm. sum of $105,000. Might 1 know, 3 p.m. Sin-80 per cent, of what total
7 & F
Destination.
Steamers.
TO TSINGTAU via SWATOW
# SEARCHAI
TO SINGAPORE FENANG
€ CILUUTTA
TO OSAKA vs AHOY, MOJI
€ 1421
Kwaisang Hupsane Hangshing Yatshing
Kutsang HK Komsaug
Kumsang.
TO OSAKA via AиJY.
Suisang
Wed 26th Nov at
SHANGHAI, MOJÍ & KCZE
TO OSAKA via AMOY & KOBE TO SANDAKAN
Namsang
Hiosang
Mausang
Sun. 7th Dec at
Satur 15th Nov at Wed 26th Nov at
- посп
TO TIENTSIN via SWATOW
* FOOCHOW
Yusang Chipshing Cheongching
Fri. 14th Nov at
amount?
The Chairman:--If you have several questions it is better to get 7 a.m. them altogether.
Sun. z3rd Nov at Fri. 28th Nov at
7 a.m.
-
effective,
Three Lakhs Paid. Hon. Mr. Braga-And what has become of the $300,000 odd that was due to the Company?
The Chairman:-All" paid. Hon. Mr. Braga:-That has been paid and accounted for?
The Chairman:---Yes. Hon. Mr. Braga:-And the Trea- surer has received the amount of $315,000?
ficers Home on eave. He asked if
they were already approved.
The Chairman: Yes, they are very much encouraged both by the Colonial Office and by ourselves for any Government officers. There is always running expenditure on ac- count of officers taking special courses of study, medical and other, while in England.
Collision Compensation,
of $6,166 to Regarding a vote pay for compensation for damage caused by a P.W.D. lorry colliding with a verandah in Queen's Road Central in February last, the Hon. Sir' Shou-on Chow asked if this was the final account.
The Chairman:-Yes, it is the final account. It has been through the Finance Committee already and an advance vote was granted.
Delay in Delivery.
Hon. Mr. Braga:-The next point
Colonial Treasurer:-It is atl In connexion with a vote of is that the sum of $105,000 is lost 7 a. in order to dispose finally of such paid with the exception of one $3,200 for fire fighting appliances In Victoria Gaol, the Hon. Mr. J. disputes-that is, disputes between small outstanding amount,
The Chairman: To all intents Owen Hughes pointed out that the the Government and the Company noon. on the one hand and the Subscribers and purposes, it has all been paid. pumping set was ordered from Hon. Mr. Braga --Would it be a England early in 1929 and he ask 7 am and the Company on the other hand, 7 a.m. and to close the Subscribers Ac-fair assumption that upon payed if the Crown agents had given ment of this $105,000 by the Gov-any explanation of the delay in de- count. Has such an account as a Subscribers Account been present-ernment to the original Company, livering such a very ordinary piece ed by the Company to the Govern-that Subscribers would not, under of machinery.
The Chairman:-I have no ex- ment? If the account has been the triangular scheme, be called submitted to the Government, and upon by the Kowloon Tong Com-planation, at the moment. I assume that such an arcount has pany or by the contractors for any been, otherwise the amount that is further instalments?
The Chairman:-As far as now- asked to be voted, could not
the Govern- The Chairman: Yes, I will enquire. have been arrived at, can the Gor-understand it, when
Hon. Mr. Paterson:-One of the ernment lay on the table in the ment has paid the $105,000, and form of a Sessional Paper the Subscribers have paid their pro-reasons was a mistake in the vote. statement of accounts that havelportion, there will be a rebate for
SUMMER TRIPS TO JAPAN. Excellent first class accomodation on through steamers from Calcutta to Japan at the specially reduced return farcs of $175.00 to Kobe and $200.00 to Yokohama. These return tickets are available for three months.
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Hon. Mr. Owen Hughes:-There ought to be some reason' set out 28 Ito the delay.
All the votes were approved.
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