CO129-159 - Sir Kennedy - 1872 [9-12] — Page 149

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

provision being made for this work should be defrayed from a loan.

I have to request that you will transmit to me as early as possible the complete accounts of the year 1872 with a statement of Assets and liabilities of the Colony on the 1st January 1873, showing clearly what proportion of those assets cannot be regarded as available for appropriation. Should it then appear that there will not be sufficient funds to provide for the payment of whatever part of the cost will be likely to be expended this year, I shall be prepared to authorize your advancing the necessary sum out of the Capital of the special fund: this advance will bear interest at 6% per annum, the charge for which will be debited to the General Revenue, and will be repayable with interest by annual instalments of $10,000 from the date that the Hospital is finished.

I understand from Mr. Fairfield that it is likely to be some time before the plans are finally settled. I don't think it will be actually procured and expended this year.

16. In this way the income accruing from the investment of the Special Fund will remain precisely the same as if it remained deposited in the Banks; and the outlay on the hospital will not prevent your Government proceeding with other important public works, such as the improvement of the water supply.

17. Subject to the above remarks, I have to convey to you my approval of the Estimates, and Her Majesty's gracious Confirmation and allowances of the same.

Edit History

2026-05-20 20:08:10 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct

Live

View comparison

AI Proofread

provision being made for this work should be defrayed from a loan. 3. I have to request that you will transmit to me as early as possible the complete accounts of the year 1872 with a statement of Assets and liabilities of the Colony on the 1st January 1873, showing clearly what proportion of those assets cannot be regarded as available for appropriation. Should it then appear that there will not be sufficient funds to provide for the payment of whatever part of the cost will be likely to be expended this year, I shall be prepared to authorize your advancing the necessary sum out of the Capital of the special fund: this advance will bear interest at 6% per annum, the charge for which will be debited to the General Revenue, and will be repayable with interest by annual instalments of $10,000 from the date that the Hospital is finished. I understand from Mr. Fairfield that it is likely to be some time before the plans are finally settled. I don't think it will be actually procured and expended this year. 16. In this way the income accruing from the investment of the Special Fund will remain precisely the same as if it remained deposited in the Banks; and the outlay on the hospital will not prevent your Government proceeding with other important public works, such as the improvement of the water supply. 17. Subject to the above remarks, I have to convey to you my approval of the Estimates, and Her Majesty's gracious Confirmation and allowances of the same.

Baseline (Original)

provision being made for this work should be defrayed From a loan. 3. I have to request that you will traummit to there as early as possible the Complete accounts of the year 1872 with a statement of Assets triabilities o the Colony on the pto January on 1873, sharing clearly whit- proportion of those assets Cannot be regarded as available for appropriation. Should it then appear that there will not be sufficiat funds to provide for the payment of whatever pot of the cost will be likely to be expended this Ishall be jarepared. to authorize your advancing Ht. necessary sum out of the Capital of the special fund: 30th advant will bear year, % interest, the charge for which will be debited lo Mr. Meade I understand from de Fairfield that it is likely be some time before the plans are finelly settled. Jo. I dont think In be actually pruch car Run. Expended this year. the General Revenue, they will be repayath with 147 Special Sunday by annual wichtale. cuts of $10,000 from the date that the Hospit in finished. 16. In this way the income acerning from the investment- of the Special Fand with remain parecisely the Lame as if it remained depraintes in the Banks; and the outlay on the hospital will not prevent your Gor proceeding from parden with the improvement home at ide of the water supply or other. important jaublic works. 17 Subject to the atore remarks I have to lapely to you my Lauction ofthe Estimates, & Hir Majitas gracios Confirmation. and allowances of the

2026-05-20 20:08:10 · Baseline

View content

provision being made for this

work should be defrayed From a loan.

I have to request that

you will traummit to there

early as possible the

Complete accounts of the

year 1872 with a statement of Assets triabilities o the Colony on the pto January

on 1873, sharing clearly whit- proportion of those assets Cannot

be regarded as available for appropriation. Should it then appear that there will not be sufficiat funds to provide for the payment of whatever pot of the cost will be likely to be expended this

Ishall be jarepared. to authorize your advancing Ht. necessary sum out of the Capital of the special fund: 30th advant will bear

year,

% interest, the charge for which will be debited lo

Mr. Meade

I understand from de Fairfield that it is likely be some time before the plans are finelly settled. Jo. I dont think In

be actually pruch car

Run.

Expended this year.

the General Revenue, they will be repayath with 147 Special Sunday by annual wichtale. cuts of $10,000 from

the date that the Hospit

in finished. 16. In this

way

the income

acerning from the investment- of the Special Fand with remain parecisely the Lame as if it remained depraintes in the Banks; and the outlay on the hospital will not prevent your Gor proceeding from parden with the improvement

home

at ide

of the water supply or other. important jaublic works. 17 Subject to the atore remarks I have to lapely to you my Lauction ofthe Estimates, & Hir Majitas gracios Confirmation. and allowances of the

CO129-159 - Sir Kennedy - 1872 [9-12] — Page 149

Edit History

Comments

Private Research Note