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Secretary of State.
DRAFT. SAVING TELEGRAM
GOVERNOR,
HONG KONG.
1]
NO.
573367
Trces. S. 57336. 2:3.46
[No.-8-541267111]
0.0.letor 5.3 4b
3.
[ivo.9. Troms, $5735687.
Copy
FURTHER ACTION.
cupy of with enclosure No. You this file
copy of No. To.
-54126/1/45
an
10 R.4. M. James (Frodowy,
Your telegram CA.3685 3rd April..
Hong Kong Estimates.
It is understood that the period covered is 12 months and accordingly all
totale
accounts may be reduced by 1/12th in as
to be covers is how only !! month from respect of the period 1st May, 1946 to
31st March, 1947. On that basis the
position appears to be as follows:-
Less reductions
Total expenditure#
$4,200,000
Expenditure
normally met from loan funds
$17400000
Vet
Reveure
Deficit
Дерка
• •
•= £1,400,000
$95, 400.000
21 bee coc 73800, 0 co $ 51,800,000 $22,000,000
2. It is assumed that no provision is
A
required for trading activities of the
Supplies Dept. which should be self-
financing.
3.
No provision is included for
compensation for war losses and damage
and the financing of this will have to
be considered separately.
4.
No provision is made for any
contribution towards the cost of Military
Administration. This will have to be
considered separately.
It is hoped that
the War Office will agree to bear the
}