CO129-255 - Governor Sir Robinson - 1892 [5-7] — Page 67

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

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to allow our account to be

overdrawn for a consideration

it may of 83% so long as it

suit them to do so and

our

no means

overdrafts are not considerable, it by Follows always do so, or be able to do so, if assumed the

that it would

our

overdrafts very large-

dimensions which an

` adoption of the recommendations of the Committee would

involve. And the calling

in

in of a very heavy overdraft might prove to be a serious embarrassment to the Government.

The realization of ~

5.

assets suggested by the Committee, by which is _ meant the sale of large quantities of land, is not an available resource. In the existing state of commercial depression such a realization could be effected only, if at all, at a ruinous sacrifice.

One

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