attention to the fact that Hongkong already spends 8 per cent of its entire Revenue on the Post Office, while it recovers less than the amount expended, and that if the contribution is raised to £50,000 it will have to expend 84 per cent of its revenue, which would be a large proportion considering that the Post Office would then be worked at a heavy loss. The Post Office Expenditure of the United Kingdom is stated to cost about 6 per cent of the entire revenue of the Country, but there the Revenue amount nearly double the expenditure.
The proportion of 2 per cent additional of its entire Revenue which it is proposed to ask Hongkong to contribute, appears still less equitable when it is compared with the contributions asked from Ceylon and from the Straits Settlements, which amount respectively to about 0.2 and 1.25 per cent of the Revenue of those Colonies. Moreover, the United Kingdom spends only 3/4 per cent of its Revenue on the conveyance
$10
354
attention to the fact that Hongkong already spends & per cent of its entere Revenue on the Post Office, while it recovers less than the
amount expended, and that if the contribution is raised to £bovo it
-will have to expend 84 per vent of
it's
revenue, which would be a
large proportion considering that
very
: the Post Office would then be worked
at a heavy loss. The Post Office
Expenditure
of
the United Kingdom
is stated to cost about 6 per cent of the entire revenue of the Country,
but
AN
uts to
but there the Revenue amount
-nearly double the expenditure
6.
The proportion of 2 per
cent additional of its entire Revenue which it is proposed to ask Honghong to contribute, appears still less
equitable when it is compared with the contributions asked from Ceylon and from the Straits Settlements, which amount respectively to about
0.2 and 1.25 per cent of the Revenuce those Colonies. Moreover, the United Kingdom spends only 3/4 per
of
cent of its Revenue
on
the
conveyance
No comments yet.
Private notes are available after approval.