532
Majesty's Govermement to the raising of loaus, this Colony has provided from its Revenue, and probably will have to provide in future, for Public Works, the cost of _ which, as being directly or indirectly
remunerative, would elsewhere under
Meason a
ordinary circumstances be bome from borrowed funds. For this, final decision on the offer of your Empany
cameot be arrived at until bis
Excelluey has before
him, in
in connexion.
of the
with the Estimates for 1889, a complete list
more or
lese urgently
meded Public
Works, with estimates of their cost.
Meanwhile, however, this Excellency
deems it right to say,
that, in so
for
to
the
he is at present able to judge, -available Revence of the Colony will be completely absorbed by requirements of pressing necessity than the proposed Direct Cable to Singapore.
More
Ihave
de
(Signed) Frederick Stewart,
Colonial Secretary.
Monial Secretary to Secretary, Hongkong (hamber of Commer
(Copy)
1958.
14th April, 1888
€
Siv,
Colonial Secretary's Office, Hongkong, 14th July, 1888.
I am directed by the Governor
to cucloce, for the information of the Chamber of Commerce copy of a letter received some months ago from
Wr Walter Judd,
ell
Manager in China of the Eastern Extension
Australasia and China Telegraph
Come parry Limited, on the subject of the
proposal to lay a Direct Cable between
and containing Hong Kong and Singapore,
offer to construct and lay down such a cable for a subsidy of which £7,500 pes annum is to be contributed by the Colony
H.U. Jeffries Coupe
Secretany
Hongkong General(hamber of Commerce,
of