594
3.
The Statutory operati ors
of the Commissioners are confined
to the United Kingdom; and al-
though in one or two special cases
as in that of the Colombo Harbour,
they have lent money outside that
area, they have done so only under
the authority of special act of
Parliament and for purposes of
more than purely local concern.
4. I should not be prepared
to invite the Lords Commissioners-
of the Treasury to propose such a
special act in the case of the
Public Works which are projected
or have already been begun in
Hongkong. I may add that
regard to the terms on which
Ceylon borrowed money from th
Commissioners, it is not clea
that any appreciable advantage
would be gained if your sugges-
tion was adopted.
I enclose a copy of the
Ceylon Ordinance on the subject.
I have, &c.