For 353
24.5.34 2
Subject to approval, hisposer to
Leg. Council to adopt
resolution
a
enorte Leg.
S.
Cancelling
the percentage
deduction from
salaries of
with effect
Government Officer.
from the 1st July 1934.
a
buy
We have always be reluctant to import
official salarie
that the
financial fosilica of Hong Kong has impoved,
I thank
are might agree
with the O.A.
that ďt should be removed
чи
ovequal budget estimates quere lo
deficct 7 $1 million
61937
hut
1936
$ 3 1⁄2 1⁄2 mellia
revenue has been much underestimated,
1930 accom show a
C
have
smull swflux
Decembe (see (36)
estimated deficct la 1937 $2,750,000
من
a the 1936 (de) the
Ch
reduced
5
ram recewed.
The monthly tilegra
affrot imate revenue
recewed quillary
• expenditive laquer 10
each nout do not affect the
very
accurate
but for the lost low months of this year
revenue over expenditure
they shaw
sufles of Frome
$900, doo.
confared with and
7 $1,500,000
Jerse
la t
The Imanical for t
year. unfavourable : H. 1. co
pay
raume
com my
then
Janse
so not
to the end of a large
7 public works, Rough it seems
likely that an extension of the warious waterwork will have to be undertate shorety
estimated)
a
orable shortage
sufflees.
مه
there