CO129-100 - Sir Robinson - 1864 [9] — Page 45

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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42

The general financial situation for next year, which will also be found at page 3 of the present Estimates, shows that the probable nominal excess of liabilities at the close of 1865, will be further reduced to $106,109. And if these calculations be borne out, the Colony will, for the reasons I have before given, be left at the close of the year without any real available cash balance, and may be unable to meet its engagements in ready money.

The probable sum due on uncompleted public works at that date, as will be seen by the Estimates at page 2 of the more detailed document, is calculated at $54,648.

The possibility also must not be overlooked of the Colony being in a worse position than that anticipated, through the revenue proving below and the expenditure above the sums estimated.

The revenue is put down at $700,555, being nearly $70,000 in excess of that in 1862, which, in consequence of large land sales, was the largest ever raised in the Colony. Nearly $100,000 of the revenue...

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42 The general financial situation for next year, which will also be found at page 3 of the present Estimates, shows that the probable nominal excess of liabilities at the close of 1865, will be further reduced to $106,109. And if these calculations be borne out, the Colony will, for the reasons I have before given, be left at the close of the year without any real available cash balance, and may be unable to meet its engagements in ready money. The probable sum due on uncompleted public works at that date, as will be seen by the Estimates at page 2 of the more detailed document, is calculated at $54,648. The possibility also must not be overlooked of the Colony being in a worse position than that anticipated, through the revenue proving below and the expenditure above the sums estimated. The revenue is put down at $700,555, being nearly $70,000 in excess of that in 1862, which, in consequence of large land sales, was the largest ever raised in the Colony. Nearly $100,000 of the revenue...
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42 The general financial hitirunte for next year, which will ales be found at page 3 of the present Estirnates, shows that the probable assets over - nominal excess of liabilities at the close of 1865, will be further reduced to #106, 109. and if these calculations be borne out the Colony will, for the rea have before given, the close of reasons I be thus left at the year without arry real available cash balance, and may be unable to meet its engagements in ready money. The probable sum due on uncompleted public works at that date, as will be seen page 2 of mote Con by the Estimates, is calculated at $54,648.- The possibility also must not be overlooked of the Colony being in in a anticipated, worse position than that through the revenue proving below and the expenditure above the surus estimated. The revenue is put down at $700,555, being nearly $70,000 in the reverme excess of F 1862 which, in consequence of large land sales, was the largest Colony. ever raised in the Nearly $100,000 of the
2026-05-19 07:12:29 · Baseline
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42

The

general financial hitirunte for next year, which will ales be found at page 3 of the present Estirnates, shows that the probable

assets over -

nominal excess of liabilities at the close of 1865, will be further reduced to #106, 109. and if these calculations be borne out the Colony will, for the rea

have before given,

the close

of

reasons

I

be thus left at

the

year

without

arry

real available cash balance, and

may

be unable to meet its

engagements in ready money.

The

probable sum due on uncompleted public works at

that date, as will be seen

page 2 of

mote Con

by the Estimates, is calculated

at $54,648.-

The possibility also must not be overlooked of the Colony being

in

in a

anticipated,

worse position than that through the revenue proving below

and the expenditure above the surus

estimated.

The

revenue is put down at

$700,555, being nearly $70,000 in

the reverme

excess of

F

1862 which,

in consequence of large land sales, was the largest

Colony.

ever raised in the

Nearly $100,000 of the

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