make in
regard
6
tha
present priancial position of
the Colony.
play
tong Kong
Sir,
Secret
24431
28497
98
what alma
Government House
Hong Kong 299
2.32 Azer
8
1896
RECE
&x Reet 23 JAN 19
I have the honour to acknowledge
the receipt of your dispatch (Secret) 8th November 1898 with sperma
The
to the
a road between
proposed construction
of a Wanchai and Wong-nei-chong.
2. I have conveyrd to you, by telegram, my opinion that the colony is in a position to incur this rependition. I find that the the Local Revenues for the reven
expediti.
TAL
Recipts
months sxeced the satimated revenue by
$164.000.
3. I have not lost sight of the coming necessity for Expenditur in Kowloon
What the necessary
initial sxpenditung
will be I cannot say until I have! visited the leased teritory, but
of
am satisfied that the sevenue the Colony as it stands will not be sufficient
to bear wven the first
TuR! Hon.
necess any
Joseph Chamberlain M.P.
Sentary of State for
the Colonies.