ASSETS AND LIABILITIES ON 31ST DECEMBER, 1916, AND 31sr DECEMBER, 1917,
(ESTIMATED).
Revenne,.... Expenditure,
1916.
13,833,286,86 11,079,914.82
1917.
Revenue, Expenditure,
.$14,257,330.00 13,690,170.00
1
Surplus,
Debit Balance, (1915), Balance of Assets, (1916),
2.753,472.04
•152,686,84
.8
$2,300,785.20
1
Balance of Assets, (1917), $ 2,867,945.20
LOAN ACCOUNT.
Sonclosure 6.
HONGKONG LEGISLATIVE COUNCIL
86
11TH OCTOBER, 1917.
567.160.00 Surplus,.. Balance of Assets, (1916), 2,800,785,20
Or.
PRESENT:~
HIS EXCELLENCY THE GOVERNOR, SIR FRANCIS HENRY MAY, K.C.M.G.
F.
MAJOR-GENERAL HIS EXCELLENCY VENTRIS (Gentral Officer Commanding Troops in China).
HON MR. CLAUD SEVERN, C.M.G. (Colonial Secretary).
HON. MR. J. H. KEMP (Attorney. General)."
HON. MR. E. D. C. WOLFE (Colonia! Treasurer).
HON. MR. E. R. HALLIFAX (Secretary for Chinese Affairs).
HON MR. Mc.I. MESSER (Captain Superintendent of Police).
HON. ME. W. CHATHAM, (Director of Public Works).
C.M.O.
Papers
THE COLONIAL SECRETARY, by command of H.E. the Governor, laid on the table Sessional Paper 17-an abstract the between showing the differences approved estimates of expenditure for 1917 Aud the estimates of expenditure for 1918; and Sessional Paper 18-the finan- cial statements in connection with the estimates for 1918.
The Budget
THE COLONIAL SECRETARY moved the first reading of a Bill intituled, “An Ordinance to apply a sum not exceeding eight million, three hundred and sixty- eight thousand, nine hundred and ten dollars to the Public Service of the year 1018," for the following purposes :---
Expenditure
Dr.
HON. MR. WEI YUK, C.M.G. HON. MR. H. E. POLLOCK, K.c.
Governor
84,081
Colonial Secretary's
Depart-
1916..
1917 (Estimated).
1916.
1917.
HON. MR. LAU CHU PAK. HON. MR. C. E, ANTON. HON. MR. R. G. SHEWAN.
ment and Legislature Colonial Secretary's Special Ex-
81,072
penditure
850
War Loan Stock 18sue
In-
of 1916 at 6%. torest 10 be paid off on the 31st Decem- ber, 1928, ..
$2,250,000
$3,000,000
Sinking Fund,.
Inseribed Stock Issues
of 1893 and 1906 at 34%. Interest to be
paid off on the 15th April, 1943,
£1,485,782. 16, 5£1,485,732. 16. 5 Siuking Fund, £283,784. 3. 9
£258,194. 3. 1
$200,000
E, D. ('. WOLFE, Treasurer.
HON. Ma. S. H. DODWELL.
MR. A. G. M. FLETCHER (Clerk of Treasury Council).
Financial
THE COLONIAL SECRETARY, command of H.E. the Governor, laid on the table Financial Minutes Nos. 62 to 64, and moved that they be referred to the Financial Committee.
Royal Observatory
Miscellaneous Services
THE COLONIAL TREASURER second- Judicial and Legal Departments ed, and this was agreed to.
Financial Minutes
THE COLONIAL SECRETARY, by command of H.E. the Governor, laid on the table report of the proceedings of the Finance Committee, No. 11, and moved that it be adopted.
Expenditure
Medical Department Sanitary Department
THE COLONIAL TREASURER second- Botanical and Forestry Depart- cd, and this was agreed to.
Secretariat for Chinese Affairs...
57,487
Audit Department
36,581
67,622
Harbour Master's Department... Harbour Master's Specia! Ex-
200,316
penditure
500
by
Imports and Exports Depart-
ment
850,827
Imports and Exports Special
Expenditure
B00
23,252
$46,700
268,138
+
Judicial and Legal Special
180
Police and Prison Departments 1,039.734 Police and Prison
Expenditure
Special
700
276,397
308,466
Sanitary Department's Special
Expenditure
3,000
ment
52,564
HONGKONG, 4th October, 1917.
102