14
Mr Duddell, the next on the list, is simply speculation, although he denies the fact in his letter to the Committee; and his mode of reference to manner in which preceding will be understood, on Paragraph 9, showing that he purchased Mr Shelley's ground : this is also particularly referred to in Mr May's Report. The above 20 Firms pay annually £5,747, of which that portion occupied by themselves and let to Foreigners pays £4,914, leaving a Balance of £833 to be paid by 93 Foreigners owning 171 lots of land which are occupied by Foreigners.
15. This is all the information that I have to offer on the subject. The conclusion I have come to is, that Foreigners in Hongkong, although they undoubtedly pay a very large sum for their land, are not overtaxed, nor taxed higher than British Subjects elsewhere. It is a self-imposed tax also, and (save the Police Rate), the only one they pay. Its collection is easy and costs but little, and if the rates be materially reduced, recourse must be had to other means of upholding the revenue of the Colony. This can only be done by the imposition of taxes on minor articles of consumption, which will be both expensive and troublesome in realizing, and will subject the inhabitants to much inconvenience and generally to objectionable supervision, from which they at present are entirely free.
14. I think it likely, however, at no distant period that some of the 20 Firms above mentioned may probably re-establish themselves; but in that case their removal will not be in consequence of the Land tax that they pay, but because they find maintaining separate establishment in this Colony does not compensate in any way for the expense it entails. With the exception of the trade
14
Mr Duddell, the next on
the list, is simply
speenlaton, although he denies the fret in his
letter to the Committee; and his mode
of
reference to manner in which
prreceding will be understood, on Paragraph 9, showing the he purchased Mor Shelley's ground : this is also particularly referred to in. Mr May's Report- The above 20 Firms pay annually £5,747, of which that portion occupied by themselves and
£4,914, leaving
a.
let to Foreigners pays Balance of £2,875 to be paid by 93 Foreigners owning 171 lots of land which recupied by Freigners.-
me
nearly all
15. This is all the information that. I have to offer on the subject... The conclusion_ I have come to is, that Foreigners in Houghing, although they undoubtedly pay a very large-
Lam
their land, are not overtaxed,
02
for tared higher than British Subjects elsewhere. It is a self-imposed tax also, and, ( save the
15
292
Police Rate), the only one they pag. Its collection.
is
easy
and corts but little, and if the rates be:
materially reduced, recourse must be had to other means
-
of upholding the revenue of
of the
Colory. This can only be done by the imposition.
of Javes on minor articles
ai
will be both
of consumption, which expensive and troublesouce in
realizing, and will subject the inhabitants
to much inconvenience in an
generally to
objectionable supervision, from which, they at prezent entirely free..
me
14. I think it likely, however, at no distante
period that mentioned
Lone
of the 20 Firms above
rencove
may probably retablishments; but in that
Case
their
their removal
will not be in consequence of the Land tay that they pay, but because they find maintaining separate establishment in this Colony does not compensate in
a
any way for the expence it entails. With the exception of the trade
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