533
i
progin, was fully sufficient to meet
the ordinary expenditure of the Colony.
a
Cursory
Examination of the ecto-
-mates of 1893 would also have shown
them that the revenue for 1893, unless
some financial catastrophe superviores,
would certainly exceed the Ordinary
lycar
not-
Expenditure for that -Retastanding the fact that the
estimate of expenditure was
large one, including,
unusually large one,
aw
އ
it did, not only
a
new item of
$40,000
to meet the charges
the proposed loan, but a
on account of loss on
by
ow
provision
Exchange larger
$77,541 than that made in the Supply Bill for 1892
S.
As bearing
3
on this aspect of the
question I enclose
an extract from
Houghous
a recent editorial in the
"Daily Press", which is expecially
interesting by reason of the corroboration which it affords of the Colonial Secretary's
statement by pointing
only
out that in the
branch of the Hongkong trade.
which we have
ang
direct means of
measuring, viz. the trade with China, the returns of the Commissioner of the
Chinese Imperial Customes shew that thers
is
a
by.
&
steady continuous increase.
The real reasons of the action
three-
of the unofficial members are
(1.) a soreness at the Colony having been
8. As bearing.
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