1
f
P
(5)
341
16.
In conclusion my Directors submit that the dictates of
both policy and equity demand that the concession of running tram-
ways in Kowloon should be given to my Company. The public utility
services of the Colony, which are carried on with such advantage
to the public, all originated in private initiative and at private
risk and any policy tending to discourage such initiative is
calculated seriously to prejudice the interest of the public in
the future.
I have the honour to be,
Sir,
Your obedient Servant,
Medovert
Secretary & General Manager,