CO129-115 - Sir MacDonnell - 1866 [9-10] — Page 267

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

266

can be early undue productive, the financial position of the Colony will be severer than subnormal, and may become disastrous.

11.

Your Lordship is already aware that we have been obliged to use the judicial deposits entrusted to the Government to the amount of $147,249 and against this liability but this morning's balance in the Treasury Cash Store vault I have nothing here to show Enclosure No. 2 viz: $59,556 and $320,000 of bullion now with the Master of the Mint.

Were it not for the total of only $79,556 therefore for the $90,000 subsidiary coinage now in transit by Her Majesty's ship Traill the Colony would be insolvent to the extent of $67,743

12.

As it is, Your Lordship is aware that I have had to request an indulgent permission to defer payment of the last Quarter's Military Contribution till the arrival of the above $90,000 - continued attention and, I trust (not, though such as according to the Memorialists marked the bitter experience of past years) is required in this place to make Hong Kong permanently attractive, and habitable, if we expect it to command its former pre-eminence among the present great rival ports on the Coast, and, if it is to continue the central emporium of commercial transactions, I see no prospect of meeting all these reasonable requirements with the present revenues

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266 can be early undue productive, the financial position of the Colony will be severer than subnormal, and may become disastrous. 11. Your Lordship is already aware that we have been obliged to use the judicial deposits entrusted to the Government to the amount of $147,249 and against this liability but this morning's balance in the Treasury Cash Store vault I have nothing here to show Enclosure No. 2 viz: $59,556 and $320,000 of bullion now with the Master of the Mint. Were it not for the total of only $79,556 therefore for the $90,000 subsidiary coinage now in transit by Her Majesty's ship Traill the Colony would be insolvent to the extent of $67,743 12. As it is, Your Lordship is aware that I have had to request an indulgent permission to defer payment of the last Quarter's Military Contribution till the arrival of the above $90,000 - continued attention and, I trust (not, though such as according to the Memorialists marked the bitter experience of past years) is required in this place to make Hong Kong permanently attractive, and habitable, if we expect it to command its former pre-eminence among the present great rival ports on the Coast, and, if it is to continue the central emporium of commercial transactions, I see no prospect of meeting all these reasonable requirements with the present revenues

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! 266 can be early undued productive, the financial position of the Colony will be svere than subanroping, and may disastrous. becomi 11. Your Lordship is already Thas been award that have been obliged to use the judicial deposits entrusted to the Government be the amount of $147.249 and against this liability hut this morning's balance in the Treasury Candy Story bault I have norting here to shew Enclosue No. 2 viz: $59.556. and 320.000 of bullion now with the Master of the Mint. a Were it not total of arly $79.506 therefore for the $90,000, subsidiary I coinage now" in conte by Min Majesty's ship Trail the Colony would be insolvent té the extent of $67.743 baid also} 12. As it is, Your Lordship is awaw that I have had to request ajan indulgent permission to defer pagiment of have last Quarters Military Contibution till. arrival of the above & 90,000 - continued attention and, cultay (not, though د hope, such as according to the Memoralisto marted the bitter experience of past years) is regrind in this place to make Hongtong permanently attractive, and habitable, if we expect it to command it's front morted preface present places the ar great over worker the Coast, and, if it is to continue cential imporsium of commucial. hänsaction, I see no prospect of meeting all these reasonable requirements wich the present present reveries :.

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266

can be early undued productive, the financial position of the Colony will be

svere than subanroping, and may

disastrous.

becomi

11.

Your Lordship is already

Thas been

award

that have been obliged to use the judicial deposits entrusted to the Government

be the amount of $147.249 and against

this liability hut this morning's balance in the Treasury Candy Story bault

I have

norting here to shew

Enclosue No. 2

viz: $59.556. and 320.000

of bullion

now with the Master of the Mint. a

Were it not

total of arly $79.506 therefore for the $90,000, subsidiary I coinage now" in conte by Min Majesty's ship Trail the Colony

would be insolvent té

the extent of $67.743

baid

also}

12.

As it is, Your Lordship

is awaw

that I have had to request ajan

indulgent permission to defer pagiment of

have

last Quarters Military Contibution till. arrival of the above & 90,000 - continued attention and, cultay (not,

though

hope, such as according to the Memoralisto marted the bitter experience of past years)

is regrind in this place to make Hongtong permanently attractive, and habitable, if we expect it to command

it's front morted preface

present

places

the

great

over

worker

the Coast, and, if it is to continue

cential

imporsium of commucial.

hänsaction, I see no

prospect of meeting

all these reasonable requirements wich

the present

present reveries

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