CO129-130 - Sir MacDonnell - 1868 [4-5] — Page 358

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

354

18. Whow there was no

When

money

available

Military Contribution simply

imposible

to do so. When

and ubandoning, for

I sent no

because it was

by dint of

of economy

a

time Public Works,

recepity,

aud

even

of primary

finally by bringing

пчела

taxcation into operation money became.

available I immediately

immediately resumed the

Qucuterly preupments.

.9.

It is not to be denied that there has

been a blank interval, but

now that the

have been resumed,

:regular payments have been

a circumstance of

which

not aware at the date of

Istill trust the arrears

interval

was

Your Grace of your despatch, belonging to that

may on further consideration

be left there undisturbed.

10. In the event of the balony being

required to pay them I

see no reason

why interest should not be demanded;

for, if the

question

indulgence, all legal

be not made one

of

daims had better

be exacted, there is no reason,

far exacting

however,

nore than what would

be legal as between private individuals. and as the Military Contribution has

never

been

end of the

supposed to be due before the

year

the claim for interest

on

Quarterly payments - from the end of each Quarter, is a claim for compound interest which would be disallowed

in the English beauto- and which I think might provoke criticism difficult to dispose of satisfactorily.

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