153
(7713; Wt. 40552/714 50m 2/48 C.N.Ld. 748
C. O.
Radford
Mr.
Wallace
Mr...
3078
318
And
Mr.itguard by M. Budiler,
Mr.
Mr.
DRAFT.
53652/48
Permt. U.S. of S.
Parly. U.S. S.
Minister of State
Secretary of State
Your Reference...........................
In Tressmy
حمد
See clean draft
GOVERNOR
HONG KONG
(9)
FURTHER ACTION.
Sir,
(14)
(8) (14)
(18)
I have, etc. to refer to your
despatch No. 100 of the 7th May, 1948,
transmitting copies of the Colony's
Estimates for the financial year 1948/49.
In confirmation of my telegram No. 751
of the 7th July I now convey my formal
approval of the Estimates and inform
you that His Majesty's power of
disallowance will not be exercised
in respect of Ordinance No. 11 of 1948
enclosed with your despatch No. 82
of the 19th April, 1948.
2. In my telegram No. 751 I said
that I considered it still necessary to
give permanent strengthening to the
asked
revenue structure and which if you would
consider further as early as possible
what measures could be taken to this
end; and I referred to the possibility
of increases in the taxes on liquor and
tobacco and in purchase tax.
In my despatch No. 209 of the
13th July, 1948, about assistance from
C. D. & W. sources for projects in the
New Territories I said that I was
considering