Head 31.

($15,000), for the printing of a new edition of

18

Hong Kong Ordinances ($25,000), and for a contribution

to the expenses of the Pacific Scientific Congress

($20,000) which may be held in the Colony in 1938.

Pensions.

+ $300,000.

This is due to the fall in the value of the Hong Kong

dollar.

33.

Public Works Recurrent.

34.

+ 8113,700.

Heavy reductions had been made under this Head during

1936 and 1937, and it resulted in provision for

maintenance being inadequate. It has been felt

essential to maintainroads and other public works in

good condition, anu it has been necessary to catch up

with the arrears which had previously occurred.

Public Works Extraordinary.

$364,180.

This is due to the gradual completion of the public

works programme which has already been mentioned.

Major items are few, and are set out below.

Central Government Store

Anti-malarial works

New mental hospital

New ward in the Kowloon Hospital

205,000.

50,000

50,000.

70,000.

50,000.

?

Ĉ J

Onnit

my

21/12/17

Strengthening of bridges

? Telegraph non-disallowance of the

Ordinance. Follow by a despatch confirming the

telegram, and saying that the Secretary of State notes

that the Estimates will reduce the surplus of assets

below the figure of $10,000,000 which it has previously

been the aim of the Colony to maintain Say also that

ne normally regards a sum equivalent to some six

months' revenue as the total desirable for a reserve

rund, but that in the present circumstances he agrees

taxation.

that it would be undesirable to impose additional

Say that it appears difficult to anticipate

the effect of the Sino-Japanese conflict upon the

finances

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