OPENING ANNOUNCEMENT.
MARIANO TAILOR 41. HANKOW ROAD, KOWLOON. TEL. 50674.
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WE USE ALL THE BEST MATERIALS
EXPERT WORKMANSHIP IN GENTLEMEN'S
THE HONGKONG TELEGRAPH,
THURSDAY, OCTOBER 13, 1938.
H.K. GOVERNMENT FINANCIAL REVIEW Tabulation of Increases in Govt. Revenue and Expenditure
EFFECT OF WAR
ON COLONY'S ANNUAL BUDGETS
THE MEMORANDUM
on'
the financial position given by the Financial Secretary showed that 1937 Revenue exceeded the original estimate by $4,436,118, thanks to the general trade improvement in the first half of the year, NAVY, ARMY AND AIR FORCE UNIFORMS the increase in population, and the activity of Hongkong as a result of the Sino-Japanese hosti-
AND BOYS' CLOTHING
also
When better automobiles are built-Buick will build them. liquor of $327,763, and the in- 1039.
SALES:
SERVICE:
Notable were the revenue in- its largely tentative and may have to creases in the import duty on be supplemented before the end nt,
crease in Water Excess Supply
$13,500,000 FOR BIG DEVELOPMENTS IN
Lord Mayor's HK. PUBLIC WORKS
Fund Grows
LONDON, Oct. 12. THE LORD MAYOR of London returned by air to-day from Prague, where he had consulted with the authorities with regard to the disposition of his fund In ald of Czecho-Blovakian refugees, which now totals over £50,000.
The Lord Mayor told Reuler In an Interview that he found those with whom he mixed very friendly to Britain. Thousands of letters enclosing donations are arriving dally at the Mansion House-Reuter.
Defence Contribution: $1,400,320 Two Soldiers
In Court On
and Meter Rents of $1,204,596. | Contribution is assessed on the higher Assessed rates rose $314,066. jcstimate of revenue for 1039, but Expenditure for the year was provision is also made for payment RELIANCE MOTORS LTD. DRAGON MOTOR CAR CO., LTD. $32,111,222, belog $147,938 less than of additional contribution in respect
Tel. 31261. Tel. 28330
33, Wong Nei Chung Road.
DARING! THRILLING! EXCITING!
The Underworld is on
the Run, as One Man
Crashes Down!
铮
Watch this ox-Ɑ man
move in on the racke-
toors tho law couldn's xoach.
SMASHING The RACKETS
CHESTER
MORRIS
FRANCES MERCER RITA JOHNSON BRUCE CABOT *CO *O* PASTURE There's a job like this to be done. in every town!
} Directed by Law Londers. Produced by B. P. Flaemon, Joreen play by Lionel
ADDED! SPECIAL RKO-PATHE CHINA WAR NEWS
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ANNE SHIRLEY - RUBY KEELER) JAMES ELLISON - FAY BAINTER Frank Albertson • Alma Kruger WALTER BRENNAN Virginia Woldier
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Pandro S. Berman in charge of production * Directed by Rowland V. Lèv Streen play by 5, K. Loures and Gertrude Purcell
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SPECIAL RKO-PATHE CHINA WAR NEWS. LATEST MARCH OF TIME,
WALT DISNEY'S TECHNICOLOUR CARTOON:
DONALD DUCK in "GOOD SCOUTS"
The estimate.
of 1038, estimated at $944,670.
Notable were the expenditure in- Medical; $338,432. Expansion of creases in pensions of $359,810. The Military Contribution was up $206,-ervices on account of epidemics and
refugees. 755, owing to the larger revenue than
Robbery
(Continued from Page 1.) and City Development Scheme which was prepared some years ugo and was discussed in a memorandum by my predecessor, I find myself in
NEW FACILITIES AT KAI TAK
For the Arst time to-day, the now passenger terminal buildings at Kal Tak were used by the China Clipper building marks a progressive inno- passengers. The opening of this
the airline companies operating in vation, providing better facilities for Hongkong.
the
agreement with Sir Andrew Calde- coft in disliking the proposal for in- tion. Adoption of this site would tensive development of the sites now enable the Governor to dispense occupied by Government House and with Mountain Lodge, the upkeep of the Colonial Secretariat and nelgh which is very expensive. bouring buildings. On the other hand The cost of erection including the I cannot agree with him regarding preparation for this site is put in the undesirability of building a new round figures at 92,000,000. It ir sug- Government House and hold with Sir, gested that funds can be found by William Peel that the balance of the utilization of the amount now advantage lies in proceeding with lying to the credit of the Government such construction.
House and City Development Fund... My reasons for reaching this con- $340,000 and the amounts which it is clusion are as follows:-
hoped to realize by the sale of the old. It is no longer economically City Hall site and other sites at pro- sound to continue to maintain the sent avaliable or expected to be en- present Government House and dered available as a result of the re- ils factor will become progressive-moval of Government Hous ly more cogent as une goes on. The financing of the new Govern Furthermore the present Government House is not, however, dopen- ment House and its grounds are not dent on the actual sale of the siten 10. Money can be found adequate to modern requirements referred either in size ur convenience. Immediately from surplus balances will be replenished in due The existing Central Offices of which Government are quite unworthy of course when the sites are actually the Colony's status, na regards sold. Nor does this proposal make both the accommodation whileht absolutely necessary to scil all they offer and their appearance. altes in question if, as a result of fur- Moreover, they also, for structural ther consideration of the development reasons, will need to be replaced of this area, it is thought preferable before many years pre out. Bu: to retain them or any parts of them no development is possible of their to: other purposes,
to
that the A suggestion is
sito present slic, which is considered be the most suitable for the Gov-now occupied by the Secretariat Alleged to have been involved n
ernment's Headquarter Offices, and Public Works Department build- the Icylsed estimate 13 Waterworks; $520,407. Includes in robbery at West Point on Monday
until the occupants of the existing ings should ultimately be used for contribu- evening, two British soldiers
buildings have been housed else- the Central Buildings of Government. an excess of $5,405,080 Maintenance charges and over the original, and of
where. This could best be done In the writer's mind there is the fur- in effect a new charge on generalfore Mr. H. R. Butters at the Cen-
In the present Government House ther conception that the City Hall and which must, of course, first be the Colonial Museum should form Actual nue up to August 31 revenue arising out of the plan to trai Magistracy this morning.
part of such a scheme. But this is evacuated. per cent, more make the Water Department self- was approximately 21
The men were Gunner John than the porportionate amount of the supporting.
I consider therefore that the pro- question which raises mury issues 21, and Gunner
Ject of removing Government House ark cannot be settled immediately. The increase is due to the estimate.
Public Works Extraordinary: $1, Thomas Phelan,
Frederick Denis Hamer, 24, both of to another site should be proceeded The decision whether or not a new large number of
Includes the new in the Colony, 955,385. This people in
both on ceonomic Government House should be built to the diversion of frade to Hongkong, Government 11ouse, improvements to the 24th Heavy Battery, 8th Heavy with at once,
essential pre-should be taken independently of it; but also duc to the merous manu- the Taipoo Road connecting with the Regiment, RA, stationed at Mount grounds and, as an facturing and other activities former-through rons to Canton, and Police Davis Fort. They were alleged to Himinary to a worthy development of there is no real connection between have robbed a carpenter named the area lying between Queen's Rond them, except that lie removal of ly carried on in Shanghal and other and Air Raids Precautions buildings. Leung Ting, 33, of $8 at the Kennedy and the Public Gardens: and for this Government House to another site cities affected by the hostilities.
The total estimated expenditure
purpose I regard the Magazine Gap would clear the ground both literally site as being the most advantageous and Bguratively for consideration of for 1939 is very appreciably higher than 1938 or in any previous year.
of those put forward for considera- the subsequent problem. expected After allowing for the deficit, the surplus of assets will still exceed by a comfortable margin the minimum of $10,000,000 which it is desired to maintain as a reserve.
in 1930. Typhoon damage caused uk Poller; $134,432. Increased staff increase DI $64,829
In the Kowloon owing to greater responsibilities, Charge
Canton Railway expenditure
and
$281,800 in Pubile Works Recurrent, Post Office: $130,484. Increased
In
$35ing the rovenue results staff and larger air mail payments.
of
the
ne the actual revenue $2.403.633tions to Itenewal Fund. The latter is Royal Artillery were charged be-
over revenue up
For 1930 the increase over the up- Proved revenue
estimate in
in the case of the
the import duty on liquor is ex- pected to be $325,000, it the case of tobacco, $550,000, and assessed taxes $275,000. Water Excess Supply and Meter Rents are expected to rise by $200,000 and Post Office receipts by $512,000.
Town Prayu on October 10.
From a report of the affair made to the police by Leung, it appeared that he was walking along the Praya about 8.45 p.m., when two Europeans, dressed in shirts and shorts, op- proached. One, whom he alleged they are not either automatic or jacket and struck him a blow in the
The increase in expenditure, where
was Phelan, grabbed him by the forced upon the Government by surface, while Hamer went through his rent circumstances, are по more the Kowloon Canton Hallway at an attempt to meet needs which pockets and took the money from his have long been recognised as urgent.irdle The two men then released
Of note is the Increase expected in
$745,000.
BIGGER MILITARY
CONTRIBUTION
Increased revenue of 1938 ຄາວໆ | necesaltated a further milltary con tribution amounting to $654,933 and up to Sept. 15 Supplementary Votes amounting to $2,301,381 have been
NEW JAPANESE CONSUL
Mr. Taklo Koda has been appoint-
approved by the Finance Committee. ed Japanese Consul in Hongkong.
Expenditure estimates for 1938 on account of epidemics and refugees are up by $222,105, making a total
for the Medical dichi nil-
estimate of $2,400-Canton
Department.
table
way expenditure may rise $417,054 wing to active working and repair and special damages. Charitable services at $425,000 will be up $210,- 226 owing to the refugees and addi- tional grants to Chinese charities. Pensions will rise $380,000 to o
total
of $2,880,000 and under additione! works, including the construction of refugee camps, there will be an in- [crease expenditure Di $872,150
making a total of $2,150,000.
SURPLUS OF ASSETS
The net result if the revised estimates of revenue and expendi- ture are realised' will be to increase the surplus of assets at December 31 to $14,500,923,
The revenue for 1030 which is put at $35,257,021, has been estimated generally on
on the assumption that the conomic activity of the Colony will he maintained at not far short of its present level.
This may appear optimistic, says the Memorandum, but so long us hos- tilities continue in China, the pres: sent population is likely to be main tained while the transier of business
to Hongkong appeara be still going
on. Building in prospect is a good deal higher than a year ago.
No increase is expected in revenue in 1939 on liquor, moter spirit, and tobacco accounts, but rates arò ex- pected to rise $200,000 to $6,200,000. Land sales are expected to fall by $350,000 and Kowloon Canton Rall- way receipts by $110,000.
It is pointed out in the railway estimates that while much of the present goods traffle is connected with the war in China, It may be assumed that a permanent increase will result from the Hankow link, reviving passenger traffe when
peace comes.
However it is added that the es- timate may be entirely falsified if military operations should lead to suspension of through trafße for u substantial period.
NO NEW TAXATION
It has again been founil possible to frame estimates for the coming year without the necessity of pro- posing new or Increased taxation. Expenditure in 1939 is estimated at $30,502,700. After déducting the total estimate revenue of $36,007,325, there will be a deficit of $2,405,435, MAJOR INCREASES
The major increase over the 1030 estimates and the reason for them are as follows;
Charitable Services; $243,490 In- creased grants arising out of the refugee problem.
· Air Raid Precautions; $288,063. This
THE
him and fled.
Detective-Sergeant 3, Allen, who is! In charge of the case, asked for a formal remand of one weck, saying the case was for committal.
Phelan and Hamer were remanded in gaot custody.
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