MINUTES.

MINUTES NOT TO BE WRITTEN

ON THIS SIDE.

N° 17.

Sir,

RECE:

9665

33

RECR

REG 28 FEB 22

GOVERNMENT HOUSE.

HONGKONG. 12th January, 1922.

mo 52649

I have the honour to acknowledge the receipt of your despatch No.366 of the 9th of November enclosing a memorandum prepared in the Office of the Board of Inland Revenue with regard to the Stamp Ordinance, 1921, and to transmit for your consideration a copy of a minute by the Attorney General dealing with the points raised.

2.

I would observe that the Committee which assisted in the drafting of the Bill, designed for the

purpose of raising necessary revenue, as fully representa- -tive of business interests, and that the Council which passed it unanimously contained a representative (no silent one) of the Chamber of Commerce.

In its operation the Ordinance does not appear to be imposing any noticeable burden on trade.

I have the honour to be,

Sir

Your most obedient humble servant,

7.2. Stubbs

Governor, &c.

THE RIGHT HONOURABLE

WINSTON CHURCHILL, M.P.,

&c..

&c.,

&c.

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