Cost is in round numbers
£116,500.
The Mint alone will cost,
it is estimated, including Salaries
Calculated £50,000
£10,000 gr.
L
3. The Actual Surplus or deficiency in each year exhibited
is shown in the 1st page.
4. Taxes. There are allegations by the Memorialists that they are heavier than in any other Colony. - The total population is 124,850. 99 per cent are Chinese & nearly 50,000 live in boats.
The amount to be realized by the Taxes to which the Memorialists especially refer, viz., Police, Water, Light is £34,583 (11..1865).
From every source, including Wharfage, etc., the Memorialists expect that the total will be derived. The remainder of the Fixed Revenue, which altogether amounts to about £100,000 a year, is derived from Rents, Spirit Licences, Fees for registration of deeds, etc., which I conclude may be regarded as direct taxation.
Hongkong being a free port, there is no indirect taxation, such as Customs duties.
Compared with Ceylon, Hongkong is heavily taxed, but then the latter Colony is non-productive...
cost is in round numbers
£ 116.500.
The Mint alone will cost,
it in
the Salaries
Calculated £50,000
£10000 gr.
L
3. The Actual Surplus
deficiing in each gear
exhibited
is
the 18t frage.
4. Taxes. thre
are
alleged by the Memorialists
& be heavier than in any
he other Colony - The total population
for
cent are
is 124.850. 99 cent
nearly 50.000 live in
Chinese &
# Boats.
The amount to be realized by the Taxes to which the
11..1865
From Every
Source
including
Wha ratu ac
Memorialists expecially,
Viz
91
refer thy Police, Waler, Light is £34.583
The remainder of the Fixed Revenue which allogethen amonti to about £100.000 a gear) ist
derived from Rents, Spuril
α
Op uir Licences, Fees for registration of pleidon. which I conclude may be regarded
as direct taxation.
Hongkong being a free
there is no
port there
indirect
taxation, such as Customs
duties.
Compared with Ceyton, Ungkung is heavily taxed, but then The latter Colony
Colony is non productie
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