It can be claimed from du Players. Those profits have been as yet fixed at 1 per cent according to the usage established at Macao. It is obvious, however, that, if reduced to five or four per cent, the Licenses would become proportionately less valuable, and the fees payable to Government might be reduced in a corresponding ratio.
At the same time, the profits may be regarded as a deterrent tax on gambling, and their reduction cannot be effected without rendering gambling more attractive, a result which I should be sorry to see brought about by any action of the Government. Experience, however, is at present all that is required to ascertain the average minimum to which the profits of the Licensees and the fees to Government can be reduced without infringing the general results at which His Majesty's Government aims.
On that subject, I am not yet in a position to report that everything at present is working smoothly and satisfactorily so as to afford good hope in due time of a solution of all those difficulties.
I have great pleasure, however, in reporting the satisfactory and admirable way in which the licensed houses are being managed.
می رود
72
can claim from du Players. Thos profits have been
as
yet fixed at I per cent according to the usage established) at Macar. It is obvious, however, that, if reduced to five or four per cent, the Licenses would become proportionately lefe valuable, and the fees payable to Government might be reduced
corresprending ratio.
At the s
profits may
deterrent tax
Janu
time
be
ngarded
aw
تی که ازیم
in
Those
a)
ganelling, their
reduction cannot be effected without
rendering gambling
A
more attractive_.
result, which I should be
to
Jee
Dorry
brought about by any action of
the Government. Experience, however,
is at present all that is required to
ascutain the
average
minimum to
ge minu
which the profits of the Licensees and the fees to Government without rinfraking
the
can
be reduced,
general results
at which Me Majesty a Gjevernan
ains. On that subject I yot only in I think
-an
ent
La ber
ت سدیم
position to report that
everything at present is
worthing smoothly and satisfactorily
4.0
as to afford
afford in due time solution of all those difficulties.
I have great pleasure,
8
boven; in reporting the satisfactory.
and I may
ever
way
-DAY,
admirable
which the licensed houses
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