-

111

Total estimated loss to Colohy

354000

Deduct estimated Military Contribution, letter 4 Feb.lv from the British Minister, Peking

Add Imperial Contribution

of £710 reckoned by Colony as revenue

Add further Imperial Contribution of £100 personal allowance to Postmstår General, Hong Kong. This is omitted from the account. It will presumably continue as an item of expenliture.

.$28950

727 05 0

87800

21100

Payment for use of P & 0 Steamers (which it seems clear is omitted)5:00 p.a................Z800

Postal deficit on actual Expenditure $42.550

If the suggestion in the letter which accompanies this

memorandum braccepted the proposed settlement for 1910 on the

basis ofthese figures (subject to subsequent adjustment in

respect of Siberian transit) will be as follows:-

Postal Deficit..

.742550

Military Contribution paid by

Hong Kong, 20 on Postal revenue

7 122.40

.724528

(letter 4 Feb. 1910 from Peking)

$67078 total leficit an

Agency Service.

Imperial Postal

Contribution 75%.

.750309 (say,

94575)

25% borne by Hong Kong.

.716789 (say

£1525)

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