CO129-253 - Public Offices & Others - 1891 — Page 301

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business.

of

Mr. Raikes is still the opinion maintained at an earlier stage of the correspondence, that the contribution of £710 year which the Imperial Post Office

makes

now ma

plus à Salary of £100 a year to the Colonial Posturaster Several for the manage- ment of the Agencies- should suffice to enable the

Hong

Kong Government & pay

adequate Salaries. It has moreover been demonstrated that the bulk of the correspondence which bas to augmented as to call for higher salaries to the Agents is local correspondence i . e. correspondence exchanged locally between Hong Kong

aud

and the various ports, the postage

goes

on which entirely to the reven of the Colonial Post Offices liability on that score should attach to thir

so that no

Department.

From the figure Statement- now fromished by His Excellency regarding the

the Governor

Recripts and Expenditure of the Hong Kong Post Office in connexion with the Agencies, it appears that after paying all expenses, the Colony deriver from the undertatring

a siet profit-

of over Twenty three thousand Dollars a

year, on about 50 per cent profit.

This Department- the other hand, besides

paying