18.
however the_Geleniel Dud et Poor trade he's resulted in
%
much capital being idle and unemployed and finding
its way to Hong Kong. The openings that are taken
here result in a definito advantage to our revenue
and though we would be better pleased to see the
money used in trade with China on the old lines,
it remains that the Government is in a position to
carry on the work of the cxtension of the Colony
almost as in our best days. The optimism you
confessed to last year, Sir, then you introduced
a Budget with a deficit, has been justified, and
I think we are still justified in introducing a
sccord Budget of the same nature, but involving
even an increased expenditure, with the same
optimism: for there is a firm and general confidence
in the future prosperity of the Colony, a confidence
with but a poor foundation if it does not rest on
the belief that the fostering of industry and
commerce must within a measurable distance of time
assume its duc prominence in the programme of those
who direct China's destinics.
41