THURSDAY, MARCH 29, 1979
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+ WOULD ALSO URGE THAT HIGHER PRIORITY BE GIVEN TO DIVERS IF ICATION, AND A REASSESSMENT OF THE ROLE THAT GOVERNMENT CAN PLAY IN ENCOURAGING A BROADENING AND UPGRADING OF OUR INDUSTRIAL BASE, HE ADDED.
MR. CHEUNG SAID THAT LIKE SEVERAL OTHER FELLOW COUNCILLORS, HE WAS PERTURBED AT THE DRAGGING OF FEET OVER THE INTRODUCTION OF THE INDUSTRIAL TRAINING SCHEME.
HE ALSO POINTED OUT THAT THESE WERE AREAS WHERE GOVERNMENT COULD TAKE PRACTICAL MEASURES TO REDUCE TRADE DEFICIT,
MR. CHEUNG, THE LAST OF THE 19 UNOFFICIAL SPEAKERS IN THE TWO-DAY RESUMED DEBATE, SAID IT WOULD BE INCONSISTENT FOR HIM TO SUPPORT A BUDGET WHICH PLACES IN +GRAVE JEOPARDY+ POLICIES OUTLINED BY THE GOVERNOR IN HIS ADDRESS LAST AUTUMN WHICH NO MEMBER, OFFICIAL OR UNOFFICIAL, FAILED TO SUPPORT.
HE SAID VARIOUS VIEWS AND VARIOUS ESTIMATES HAVE BEEN MADE OF THE LIKELY RATES OF INFLATION IN THE COMING YEAR.
+HAS THE HIGH COST OF LAND AND RENTS EVER BEEN TAKEN SUFFICIENTLY INTO ACCOUNT IN MAKING THESE ESTIMATES OF INFLATION AND IN DETERMINING ITS COST?
+I WOULD VENTURE TO THINK THAT IF OUR VARIOUS INDICES HAD BEEN PROPERLY CONSTRUCTED OVER THE YEARS FULLY REFLECTING THIS FACTOR, THEY WOULD SHOW WE HAVE BEEN EXPERIENCING DOUBLE DIGIT INFLATION FOR THE PAST 25 YEARS, + MR. CHEUNG SAID.
THEREFORE, HE SAID, HE ASKED HIMSELF IF THE BUDGET WAS LIKELY TO BRING RELIEF FROM HIGH LAND COSTS AND THEREBY REDUCE
INFLATION.
+I BEG HONOURABLE MEMBERS TO REMEMBER THE PRODUCTION OF LAND LAND THAT CAN BE USED —— REQUIRES A NUMBER OF THINGS TO BE DONE.
*
*
IT HAS TO BE IDENTIFIED, SURVEYED, PLANNED, AND WHERE IT IS IN PRIVATE HANDS, MONEY PROVIDED FOR RESUMPTION,
MOUNTAINS HAVE TO BE MOVED, SEA WALLS BUILT AND SOIL DUMPED INTO THE SPACE WHEREBY CREATED,
* SERVICES WATER, DRAINAGE, SEWAGE, ELECTRICITY,
TELEPHONES, TRANSPORT - HAVE TO BE LAID ON,
* THERE MUST BE SMOOTH AND CONVENIENT ACCESS TO LAND.
+WHAT DO I FIND IN THE BUDGET?
/+HEAD 71: .....
+