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DRAFT.

638

C

were adopted, it would be necessary to

reconsider the proportion of Revenue

which has been fixed as the amount of

the contribution.

3..

That proportioneseventeen and

half per cent † taken on the total gross

revenue of the Colony, less Land Sales,

and incluing all those items which have

hitherto been accounted for as Revenue,

appears to me to be by no means an un-

reasonable sum to ask the Colony to con-

tribute; and I have already explained

in my despatch No.258 of 26th October

last, why I consider that there is no

unfairness in charging the same per-

centage in the case of Hong Kong as in

that of the Straits Settlements, al-

though in the latter Colony municipal

revenues are not taken into account.

4.

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