WEDNESDAY, OCTOBER 22, 1980
21
+ IN ORDER TO MAKE IT A MORE EFFICIENT AND EFFECTIVE ORGAN, THESE COMMITTEES SHOULD BE FURTHER CHARGED WITH THE DUTY OF PLANNING AND INITIATING LOCAL PROGRAMMES FOR SUBMISSION TO DISTRICT BOARDS FOR CONSULTATION AND DELIBERATION AS WELL AS ADVISING THEM ON THE FEASIBILITY AND FINANCIAL IMPLICATION OF THEIR RECOMMENDATIONS AND PROPOSALS.
+THEY SHOULD BE MADE ANSWERABLE AND DIRECTLY RESPONSIBLE TO THE SINGLE HIGHER AUTHORITY WITHIN THE CENTRAL GOVERNMENT TO WHICH DISTRICT BOARDS WOULD BE ACCESSIBLE.
+THIS COMPREHENSIVE APPROACH AND CONCENTRATION OF TERRITORIAL AUTHORITY WILL CERTAINLY CUT THROUGH THE MORASS OF RED-TAPE AND TO MAKE GOVERNMENT MORE RESPONSIVE TO THE PUBLIC,+ MR YEUNG SAID.
PROF ITEERING SPIRIT NOT IN HONG KONG'S INTEREST ******
THERE ARE GROWING TENDENCIES TOWARDS PROFITEERING, GAMBLING AND EXCESSIVE SPECULATION BY HONG KONG PEOPLE, THE HON ANDREW SO WARNED.
SPEAKING IN THE LEGISLATIVE COUNCIL TODAY, MR SO SAID THE ACHIEVEMENTS ATTAINED BY HONG KONG TODAY REFLECTED THE INGENUITY OF ITS PEOPLE, THEIR ENTERPRISING SPIRIT AND THEIR HARD-WORKING ATTITUDE.
+HOWEVER, THERE IS EVIDENCE THAT THEIR SPIRIT AND ATTITUDES ARE BEING GRADUALLY ERODED BY THE GROWING TENDENCIES TOWARDS PROF ITEERING, GAMBLING AND EXCESSIVE SPECULATION, EXPRESSED BOTH AS A STATE OF MIND AND BEHAVIOUR.
+ IT WOULD NOT BE HARD TO IMAGINE THE CONSEQUENCES IF THESE TENDENCIES ARE LEFT UNCHECKED.✦
MR SO STRESSED THAT HONG KONG'S ECONOMIC LIFELINE RESTS WITH PRODUCTION AND EXPORTS, NOT REAL ESTATE AND ITS FATE IS
IN THE HANDS OF ITS INDUSTRIOUS PEOPLE, NOT PROFITEERING SPECULATORS.
HE NOTED THAT IN ADDITION TO THE GOLD AND STOCK BOOM IN THE FINANCIAL MARKETS, THE RECENT SPECULATION IN PRE-COMPLETED FLATS WAS ALSO ALARMING.
PEOPLE INDULGING IN SUCH ACTIVITIES INCLUDE NOT ONLY FINANCE AND REAL ESTATE COMPANIES, AND THE RELATIVELY BETTER-OFF, BUT ALSO +PROFESSIONAL QUEUERS+.
+NOT ONLY DO THEY BID UP THE PRICE OF FLATS, THEY ALSO CHANGE THE PRINCIPLE FROM BUILDING HOUSES FOR THOSE WHO NEED SHELTERS' TO 'BUILDING HOUSES FOR SPECULATORS',+
/+THE DRASTIC