on

[I m 30238/27 (

Government, and I am to enclose,

for the information of the Army

Council, a copy of a telegram receive d

on the 30th of July

It will be

observed that the Acting Governor

refers to a new loan, and I am to

furnish the following explanation of the

proposed to raise a

development programme which

Hi Kong

now loan in tion one for development

profores to finance from loan funds.

púrposes in the near future.

6. The Public Works Loan Ordinance

No. 14 of 1927 made the following

provision;

1. Waterworks development. $3,500,000

2.

3.

Aerodrome and harbour

development.

Other public works.

1,000,000

500,000

$5,000,000

Item 1 was for the first

section of the Shing Hun scheme, the

revised estimate for which is now

$4,631,815. The second item includes

the

Share This Page