Enclosure in ho.
120
LEMORANDUM REGARDING EXELPTION FROM MILITARY CONTRIBUTION OF CERTAIN
ITEMS OF REVENUE AND REGARDING THE PERCENTAGE ALLOWANCE ON CAPITAL
EXPENDITURE ON PRODUCTIVE UNDERTAKINGS.
A. WIRELESS TELEGRAPHY.
Capital Expenditure.
Eas.
150
I attach detailed statements shewing the capital outlay on Wireless Telegraphy since its inception in 1915. These figures have
been taken from the Treasury books and are shewn in the final
Treasury accounts for the years in question.
The following is a summary :
Year
ん
1915
($55,506
1916
14,092
1917
8,300
1918
569
1919
3,340
1920
1921
521
1922
4,909
1923
28,228
1924
18,138
1925
149,818
1926
13,975
1927
5,985
1928
62,214
1929
98,703
$464,298
The percentage allowance authorized by Section 3 of the Defence Contribution Ordinance No. 1 of 1901 on productive
گلس
undertakings is at the rate of 4 on the capital expenditure
Four perant
incurred in their establishment.
on $464,298 amounts to
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