The position with regard to subsidiary coins still remained unsatisfactory. The discount during the year on Hongkong silver subsidiary coin varied between 3% on 50 cent pieces and 7% on 10 cent pieces, that on Hongkong copper cents varied from 9 to 12%. The loss on such coin collected as Revenue came to $49,434.96.
His Majesty's Government made the Colony a grant of £12,000 for the year 1911-12 on account of an estimated loss of $225,860 incurred during that year in respect of opium revenue.
By the agreement of the 8th May, 1911 between Great Britain and China, no Indian opium can be imported into China, unless accompanied by a certificate issued by the Indian Government that such opium has been exported from India for consumption in China. To prevent attempts to smuggle non-certificated Indian opium from Hongkong into China, an Ordinance was passed on 1st September, 1911, prohibiting the import of non-certificated Indian opium into Hongkong except for the use of the Hongkong Opium Farmer.
In August, 1911, the port of Macao was added to the list of places to which the export of morphine and compounds of opium is not permitted except on production of an official certificate from the country concerned that such import is for legitimate purposes. The import of morphine and compounds of opium for export practically ceased towards the end of the year, and considerable quantities lying in Hongkong were shipped back to London.
The 22nd June, being the day fixed for the Coronation of His Majesty King George V, was observed as a holiday and the whole of the population joined in celebrating the occasion. A review of the troops was held, at which about 3,500 soldiers and sailors paraded. A short service was held by the Chaplain and cheers were raised for His Majesty. Subsequently the troops marched through the principal streets of the City. The European, Chinese and Indian Communities all combined to show their loyalty and devotion. Services were held in the Protestant and Roman Catholic Cathedrals and other churches. The Parsee and Sikh Communities also held special services. The children of the Colony were entertained and were addressed by Sir F. D. Lugard, and sports of all kinds were arranged for them. The whole of the Colony was illuminated for three nights, all the men-of-war in harbour of whatever nationality combining in the display. A reception and fête was held at Government House in the evening, at which practically the whole of the European population and many Chinese and Indians attended.
In July, 1910, the audit of the Colony's Expenditure was transferred from the Director of Colonial Audit and has since been carried out by the Local Auditor. The new arrangement has proved very satisfactory and the additional staff required has been very small, viz., one fourth grade and one fifth grade clerk.
22
The position with regard to subsidiary coins still remained unsatisfactory. The discount during the year on Hongkong silver subsidiary coin varied between 3% on 50 cent pieces and 7% on 10 cent pieces, that on Hongkong copper cents varied from 9 to 12%. The loss on such coin collected as Revenue came to $49,434.96.
His Majesty's Government made the Colony a grant of £12,000 for the year 1911-12 on account of an estimated loss of $225,860 incurred during that year in respect of opium revenue.
By the agreement of the 8th May, 1911 between Great Britain. and China, no Indian opium can be imported into China, unless accompanied by a certificate issued by the Indian Government that such opium has been exported from India for consumption in China. To prevent attempts to smuggle non-certificated Indian opium from Hongkong into China, an Ordinance was passed on 1st September, 1911, prohibiting the import of non-certificated Indian opium into Hongkong except for the use of the Hongkong Opium Farmer.
The
In August, 1911, the port of Macao was added to the list of places to which the export of morphine and compounds of opium is not permitted except on production of an official certificate from the country concerned that such import is for legitimate purposes. import of morphine and compounds of opium for export practically ceased towards the end of the year, and considerable quantities lying in Hongkong were shipped back to London.
The 22nd June, being the day fixed for the Coronation of His Majesty King George V, was observed as a holiday and the whole of the population joined in celebrating the occasion. A review of the troops was held, at which about 3,500 soldiers and sailors paraded. A short service was held by the Chaplain and cheers were raised for His Majesty. Subsequently the troops marched through the prin- cipal streets of the City. The European, Chinese and Indian Com- munities all combined to show their loyalty and devotion. Services were held in the Protestant and Roman Catholic Cathedrals and other churches. The Parsee and Sikh Communities also held special services. The children of the Colony were entertained and were addressed by Sir F. D. Lugard, and sports of all kinds were arranged for them. The whole of the Colony was illuminated for three nights, all the men-of-war in harbour of whatever nationality combining in the display. A reception and fête was held at Government House in the evening, at which practically the whole of the European population and many Chinese and Indians attended.
In July, 1910, the audit of the Colony's Expenditure was trans- ferred from the Director of Colonial Audit and has since been carried out by the Local Auditor. The new arrangement has proved very satisfactory and the additional staff required has been very small, viz., one fourth grade and one fifth grade clerk.
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