SIR,

1887-1903

COLONIAL REPORTS—ANNUAL.

No. 282.

HONG KONG.

(For Report for 1897 see No. 245.)

GOVERNOR SIR H. A. BLAKE to MR. CHAMBERLAIN,

Government House,

Hong Kong,

22nd September, 1899.

I HAVE the honour to transmit to you the Blue Book for 1898, and to submit for your information the following general report on that year:--

I.—FINANCES.

The following tables will show in succinct form the heads of revenue and expenditure. They are compared with those of last year; and it will be seen that during the year 1898 the revenue has exceeded the expenditure by $76,354.04. I have also given in tabular form the total revenue and expenditure of each year for the last five years.

Under the headings (B), (C), (D), and (E) I have drawn your attention to matters concerned with taxation, the assets and liabilities of the Colony, the public debt, with the provision made for its gradual liquidation, and the present state of the currency.

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