HONG KONG

No 10622

No.

Governor.

No.

than 237

1906

Such

as previous Paper.

Estimates

(Subject.)

Ordinary

1907. 73.1906

Embarks:

Appropriation

As Colony

of England

8 2 4 4 (78) ~ 50391–20809-11-3

and subsequent Paper.

You 7204

08

337

DESPATCH.

REC

CO

40622

Received 3 NOV 06

Mr. Lucas

(Minutes.)

Noted.

24.1.9.07

The comparative figures of Revenue are

1905 (Actual)

1906 (Estimate)

1906 (Probable)

1907 (Estimate)

$6,913,403.85

$7,547,395.

$7,054,034.

$6,448,025

The reasons why the revenue for 1906 did not come up to the Estimate are the loss of profit on subsidiary coin, as to which we have had a good deal of correspondence, and the fact that the Widows and Orphans Pension Fund was not transferred to the Government. It appears that the idea of transferring the fund has been abandoned altogether.

Leaving out of account the Widows and Orphans Fund, the original estimate of revenue for 1906 would have been...

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