SATURDAY, SEPTEMBER 28, 1985

'LINKED RATE TO STAY' - SIR JOHN STRESSES

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THE FINANCIAL SECRETARY, SIR JOHN BREMRIDGE, THIS (SATURDAY) MORNING REITERATED THAT THERE WAS ABSOLUTELY NO INTENTION WHATSOEVER OF CHANGING OR ABANDONING THE LINKED EXCHANGE RATE OF THE HONG KONG DOLLAR WITH THE U.S. DOLLAR.

SIR JOHN SAID THAT SOME MEDIA REPORTS HAD SUGGESTED THAT HE WAS HAVING A CHANGE OF MIND ABOUT THE LINK IN VIEW OF THE DECLINING VALUE OF THE U.S. DOLLAR.

+THERE IS SIMPLY NO TRUTH IN THE SUGGESTION,+ SIR JOHN SAID, +THE LINK IS TO STAY.+

'VOICE OF PUBLIC IN LEGCO'

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THE VOICE OF THE PUBLIC CAN NOW BE REFLECTED MORE EFFECTIVELY IN THE LEGISLATIVE COUNCIL FOLLOWING THURSDAY'S HISTORIC ELECTIONS, YAU MA TEI DISTRICT OFFICER, MR AUGUSTINE CHENG, SAID TODAY (SATURDAY).

THE 10 DISTRICT BOARD MEMBERS ELECTED TO LEGCO REPRESENT ALL LEVELS OF THE PUBLIC, AND NOW THE VOICE OF THE MAN IN THE STREET CAN BE HEARD IN THE HIGHEST LEVEL OF THE GOVERNMENT MACHINERY.

+THIS IS THE TURNING POINT OF REPRESENTATIVE GOVERNMENT AND A GOOD PREPARATION FOR THE FUTURE,+ MR CHENG SAID.

+ALL WHO ARE ELIGIBLE TO VOTE SHOULD SUPPORT THE DISTRICT BOARDS AND EXERCISE THE IR RIGHTS BY REGISTERING AS ELECTORS, HE ADDED.

MR CHENG WAS SPEAKING AT THE WATER CARNIVAL ORGANISED BY THE YAU MA TEI AND TSIM SHA TSUI RECREATION AND SPORTS ASSOCIATION.

HE COMPLIMENTED ASSOCIATION MEMBERS FOR THEIR EFFORTS IN SUPPORTING COMMUNITY ACTIVITIES WHICH PROVIDE OPPORTUNITIES FOR THE PEOPLE TO COME TOGETHER AND TO DEVELOP A GREATER FEELING OF NEIGHBOURLINESS.

+TO ENHANCE COMMUNITY DEVELOPMENT, THE GOVERNMENT WOULD PROVIDE ADEQUATE PHYSICAL DEVELOPMENT IN THE DISTRICT, YOUR ASSOCIATION WILL BE PLEASED TO KNOW THAT UNDER THE URBAN COUNCIL'S CAPITAL WORKS PROGRAMME, CONSTRUCTION OF A GAMES HALL AND A SWIMMING POOL, BOTH INDOORS, IS SCHEDULED TO START NEXT YEAR,+ MR CHENG SAID.

THE WATER

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