+

No

121.

351

CO

27280

BN

5 N 201

GOVERNMENT HOUSE.

HONGKONG. 10th April, 1920.

closure 1.

My Lord,

I have the honour to report that on the 23rd

January last the Senior Shroff in the Stamp Office at the

Treasury absconded, and that a subsequent examination of his

accounts showed a deficit in revenue stamps of the face value

of $19,963,80.

2.

The immediate cause of the man's disappearance was

the fact that at the close of office hours on the previous after-

noon Mr. R. 0. Hutchison, the Acting Treasurer, attempted to

check the stamps but was unable to do so because the shroff had

already left the office. Mr. Hutchison had at the time no ground

for suspicion, and the shroff received sufficient warning to

enable him to escape. He returned his keys through the post.

3.

I enclose a copy of a minute by Mr. Hutchison on

the working of the Stamp Office. The revenue stemps, which vary

in face value between 5 cents and £200, cannot in the ordinary

course be sold in the market as they are valueless unless

embossed in the Stamp Office; and the shroff accordingly, in

spite of the large amount of stamps in his custody, was secured

in the Government Guarantee Fund in the sum of £3,000 only, to

cover the sum in cash, ordinarily between 81,500 and £2,500,

which he would collect in any one day.

4.

·

Mr. C. McI. Messer, who holds the permanent

appointment of Treasurer, left the Colony on long leave to

THE RIGHT HONOURABLE

VISCOUNT MILNER, G.C.B.,

&c.,

&c.,

&c.

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