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remind you of it, the value would be inestimable.
492
We live
in times of rapid change and though we can thank all shades
of Chinese political opinion that where a coup d'etat has
been made the first care has always been the safety of
Shameen, nevertheless it is not inconceivable that at one
time it might be that the telephone was the recognised public bene factor in this respect.
Six months nearly have elapsed since the question
was raised in its present form, and it is for the above
reasons, coupled with the desirability of considering the
extraordinary expenditures falling on the budget, that your
Council asks you to consider this matter to-day.
The report of your Sub-Committee has been cirulated
somewhat hurriedly I am afraid, but the decisions were only
reached on 25th inst.
If you desire the scheme put in operation we ask you to vote use the sums of money which we have asked for
namely:
Exchange building.
"Present" scheme......
"Future" scheme.....
$2,000
2,000
5,000
under the conditions given you. of this sum I understand
that our French friends are willing to assist to the extent of their powers. We welcome this kindly co-operation. "Te do not anticipate that the larger sun will be required before next year when we hope to have paid for the bund lighting and freed that amount from the estimates. *e should like, however, to be in a position to proceed with the full installation without having to ask for further authority. I think you can safely rely on your Council not to incur this expense unless on sound lines. Gentlemen + I ask your indulgence for this long address, but your Council thought the occasion one in which you should be fully informed as to the recent march of events.
-
(Applau-