33

the time. In spite of occasional

anomalies it is not unsatisfactory

as an index of themeans of the

Colony.

The Lords Commissioners

of the Treasury have represented to me

that the exemption from assessment

for contribution of any items of

revenue which were taken into account

in reaching this figure would pro

tanto disturb the proportion between

means and contribution then judged,

after careful consideration, to be

equitable, and that it would be

accordingly be necessary to restore

the proportion by a corresponding

increase in the percentage, if such

exemptions were allowed. On the

other hand, since the deliberations

of the Haliburton Committee, the

sphere of govermental activities in

Hong Kong has been considerably

enlarged

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