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126
good British News Service, and it appears that if the Goverment subsidy were withdrawm the newspapers would not be able to afford the full subscription to Reuter, and the Colony's interests would suffer. The Bureau edita and circulates the Reuter news together with other news in the vernacular to some 60 or more vernacular papers in South China, and I consider this distribution of news from British sources to be most important. The cost of the Publicity Bureau is about $5,000 a month.
6.
The Kung Sheung Yat Po to which Dr. Kotevall refers at some length in paragraphs 59 and 60 of the above mentioned report, at present needs a subsidy of a little less than $3,000 a month. There are,
however, good grounds for hoping that it may eventually establish itself as a sound financial concern. Apart, therefore, from any unexpected expenditure the
commitments of the Colony amount to $8,000 per month
or $96,000 per year.
7.
With regard to expenditure in 1927 it is almost impossible to forsee what will be required and I propose to insert a sum of $55,000 in the Estimates and to reconsider the matter again in 1927 in the light of later developments.
8.
I am firmly convinced of the importance of continuing these two undertakings for the present, and that there is nothing contained in them which ✈ could be construed fairly as breaking the promise which has been given to Russia by His Majesty's Government.
I have the honour to be,
Sir,
Your most obedient humble servant,
ماست بند
Governor, &c.