339
shewed what the balance would be dain both upon and were every by the Government which could (in the arrangement to absence of thesis an JÄ to repayment being thrand mumber of gears) be enforced, made good. I therefore proposed to bude exclude hube items as debentine Deblo for the Repayment of aliach provision is make ammals in the Estimates. The same reasoning applies think to the Loan pom the "Special Fund" in Hong King, perhaps with even greater prea, for while Debenture Debt is a first charge on a Colonial Revenue, the advance from the "Special Fund" Anong Kong fa mund belonging to the Colonial Gout and of "Special" because it has not been regarded as available for Jennal purposes, but which is not appropriated to specific purpuses and against which there no existing waving) would certaing, whe in difficulters, be the last. It seems somewhat absurd to treat as "Liability" a sum due by to another.
something now accountm that I would propose on of the draft on 167/12. Strails on this unbject be addressed to Govenor Hennessy unmediate Un practical bearing of the above remarks is this. The Sho balance to this credit of the Colony estimated for 1 Jan 1881 in the Cus return in 17070 is $240,978. But
339
shewed what the balance would be
dain both upon and
were every
by the Government which could (in the
arrangement to
absence of thesis an
JÄ
to repayment being thrand mumber of gears) be enforced, made good. I therefore proposed to bude exclude hube items as debentine Deblo for the Repayment of aliach provision is make ammals in the Estimates. The same reasoning applies think to the
Loan
pom
the "Special Fund" in Hong
King, perhaps with even greater prea, for while
Debenture Debt is a first
charge on a Colonial Revenue, the advance from the "Special Fund"
Anong Kong fa
mund belonging to the
Colonial Gout and of "Special"
because it has not been regarded as available for Jennal purposes, but
which is not appropriated to specific
purpuses and against which there
no existing waving ) would certaing, whe
in difficulters, be the last. It seems
somewhat absurd to treat as
"Liability" a sum due by
to another.
something
now accountm
that
I would propose
on
of the draft
on 167/12. Strails on this unbject be addressed to Govenor Hennessy
unmediate
Un practical bearing of the
人
above remarks is this. The Sho
balance to this credit of the Colony estimated for 1 Jan 1881 in the
Cus
return in 17070 is $240.978. But
Į
1
i
}
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