161
Provision has been made for a parade ground at the
At present the station does not possess a
Tai 0 Police Station.
parade ground, the necessity for which is manifest.
A sum of 8900 has been entered for turfing the land
round the Cheung Chau Police Station, on which water lies in pools after a rain and takes a long time to sink in.
Plans of works not already forwarded to you are
enclosed.
15.
The earnings in 1915 of the main and branch lines of the Kowloon-Canton Railway are estimated at $435,600, or 863,000 more than the amount approved for 1914. Until more settled conditions are established in South China any considerable advance in earnings cannot be expected.
Working expenses are estimated at $323,455, an increase of $52,246 over the amount approved for 1914, which is partly due to additional expenses incidental to an increased train service, and partly to increases in the prices of coal and materials.
The nett estimated result of next year's working
is given in foot-note 3 on page 123, from which it will be seen that expenditure on all accounts is estimated at $894,110, and receipts at 8435,600, leaving a deficit to be met from General Revenue of 8458,510 as against an estimated deficit of $469,264 for the current year,
16.
In framing the budget for the coming year I have estimated for an appropriation from the accumulation of surplus balances of a sun of £1,079,139. This amount is approximately equal to the combined provision made for the additional Bervice Reservoir, &c. at West Point ($250,000), the Tytam Tuk Scheme, 2nd Section ($700,000), and the Typhoon Refuge ($212,000). As regards the last mentioned work which, as I have stated in pare- Eraph 13, is expected to be completed in about the middle of next year, it was arranged to finance it half out of reserves and half