63
2.
Copies of the correspondeuce
on this question will be laid before the
Legislative Comeil at the opening
on the 32 of west
of the Session:
3.7% of une
month / December); and
early
consideration will be given to the
Arrangement for
cts for the ro
raising of the
wo
Loan which will be required for.
the
carrying
out of the proposed o
fortifications, and of other important
et
and pressing public works. A
nco derate loan (not to exceed one
been
year's revenue) has already sanctioned in principle by the Legislature and by Your Lordships. It
will.
7935
will be recollected that at present
HongKong is one
of the very few.
communities in the world which is
wholly without a public debt.
لگے
I is satisfactory to observe
in the letter of the 10th May from
the War Office, ( enclosed in the
Despatch now under
now under reply) that, as the plans of the defeceres
soon av
arc
completed, the lauds not required for Military purpose will be restored to the Colonicel Government,
& free of restriction . In view of the special.
contribution required from Horython,
for these fortifications, ( in addition