No.

289

Sir,

20069

147.26 200 69

31:34

NV O

152

Government House,

Hong Kong, 12th October, 1899.

In reply to your despatch No.178 of the

1st ultimo, I have the honour to inform you that the

estimates of revenue and expenditure for 1900 given in

my despatches Nos.116 and 165 of the 12th May and 30th

June last were only to a certain extent reliable as I was

not then in a position to fix with accuracy the financial

position for the current year.

You will however have learned more accurately

the state of the finances of the Colony from my despatch

No.269 of the 21st ultimo, transmitting the draft Estimates for next year.

3. As regards paragraph 7 of your despatch,

the overdraft was entirely on account of purchase of

The Right Honourable

JOSEPH CHAMBERLAIN, M.P.

&c.

silver

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