b

4.

for additional taxation at this - time, and they recommend that

the consideration

of

increase

to

the Revenue be postponed until

de are

funds

#

115

bringing up this report gave some

explanations to the Council

of the

reasons which had induced the Committee to come to the conclusion

actually needed, _

that no

existe

urgeney

for additional

" when, should unforeseen claims

"be made upon the Treasury

account of Typhoons

or other

"booal causes, the Legislative

"

#

MYL

Conneil might be called upon

to sanction an increase in the

Stamp Duties, of which in principle it has approved"

The Treasurer in

bringing

taxation at this time and I

afterwards informed the Council that I did not intend to proceed

during the present Session with the Stamp Bill as a

as a measure

for

increasing taxation, as it was clear that the surplus revenue for the present year would be more than sufficient to meet

the

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