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prohibitions and restrictions as a means of protection,
and, while the desire of the Hong Kong Government to
give more favourable treatment to British than to foreign
vehicles should be encouraged in every possible way, the
Board consider that the proper method of according a
preference is by means of Customs duties on foreign
vehicles substantially higher than that, if any, on
British vehicles.
The Board have noted with satisfaction that the
allegation that American vehicles would be subjected
to more frequent and vigorous inspection than British
vehicles is unfounded as, in their view, any such
method for according preference is quite indefensible.
As regards the insurance question, the Board are
disposed to think that the requirement of insurance
with a British company in connection with advances from
the Trade Loan Fund is much less objectionable than the
restriction against foreign made motor buses.
I have the honour to be,
Sir,
Your obedient Servant,
J.J. Wills