basic

in

the category (fn which

4

special provision has always been conceded

h the Treasury

7

W.O

?

enshrined in

certain named

Ha

loca? Credinance) of productive

undertakings such

Railway, relephones,

Opium Monopoly, Wireless Telegraphy,

Motor Meat Van

seniu,

such the Defence Conteluhou is only payable

on net receipts

after dedercting.

changes for working expenses a mandenance

thi

on any

in tuest

loans

A neccesary

sinking fund chang. Is

raized for constimation.

qualification for

is that

inclusion

in

such a

carepan

the

sevice concerned

must be

"productive

The

existing

are

that

the

Defence contribution

pand be

H.K.

مرز

to weet

the

Camut

undertaking."

considuations at present

not nearly suffrecent

cost of the Jamison,

9 the

Revenne

of the Colony (a consequently

the Defence Courbution) is in a drooping

Condition.

not likely to

The W. O.

7 The Treasury and

concent

to the partrail

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