184
considering, with the assistance of the
Financial Secretary, possible means of securing
further revenue by increasing taxation
in various directions and by other methods
and that I should be addressing you
separately on this point in due course.
3. Your telegram No. 677 of the 14th July
crossed my despatch of the 13th. In it you
a
give reasons why increased taxation of tobacco
and Chinese and European liquor would not be
advantageous and why an extended purchase
tax is impracticable at present. You also
ed explain that there would be violent opposition
at the present junoties
in the Colony to any suggestion that a revenue
surplus, depleted by charges still regarded as
properly imperial commitments, should be re-instated
That
性
4.
in
by additional taxation. I appreciate this political
my rude many istantial immerite
الكفيلين
objection to/proposals for additional taxation,
و
but am bound to say that even if charges such as
you refer to had not to be met, there would
in the years to come, in order
still be need for additional revenue, to help- in assist in the provision of
eut dear funds to cover large items of capital and
rehabilitation expenditure e.g. the Tai Lam Chung
(16)
Reservoir project, about which I am separately addressing
you.
Frost for //
(53687/48)
compidant therefore that in spite of the Entert estimate which plans
5. In your telegram No. 677 you suggest a state
lottery as a simple and acceptable means of raising
additional funds and this was indeed one of the
expedients I was already discussing with the
Financial Secretary. In my telegram No. 794 of
the 16th July I informed you that I could not
the 1947-4of simplu, ot $ 50, 100, 000 (serpiana. 3 Dym tel no.
you
0.677)
(16
will maintain sm efforts to exploit cl ponible sources somme as and when opportunity permits; and in th (17) Connection Jammer nig
in particular & para. #6
Gelow
agree