35
a profit on the transaction, ignoring, of course
the risk of financial loss if the Chinees Authorities
ultimately failed to abide by the terms of the transaction. This proposel is, therefore, not recommended for approval. e the contruct for the locomotives is now being placed by the Crown
gents the rejection of the proposal for assist de from the Func will not have the effect of cancelling
We order.
the
(2) Cresa barinut water pipe ling. Zevelopments of the water supplies of Hong Kong have been under consideration for marly years. larger part of the population lives on the island of long, kong, where the possibility of developmenta
Sater-works, reservoirs, of water supply are limited.
etc., exist on the wainland and other extensive
developments there are incontemplation.
in order
to supplement the water supply on on, hon; Island it is proposed to construct a sutearine pipe line across the harbour to carry supplies from the mainland. The co:struction of this pipe line wɑs approved in principle in1924, out this and other water-vorks were postponed because of lack of funds. In 1928 the Governor pro oned the inediste construc» tion of the pipe line, and this was sproved in
The Unofficiel Members of the September, 1928. Lægislative Council then objected to the achome on the round of expense, and pressed for the
doption of a less expensive plan put forward by the local Water Sa inser. the wovernor a read to
this