CO129-265 - Public Offices & Others - 1894 — Page 334

or-Kong 2/4617

328

Treasury Letter of the 19th August 1893 11771

a copy

" 93

1775793.

of which accompanied the War Office letter of the 19th

October last Hong-Kong 2

4,597

Your Department and the

Colony have long been aware that some proportion of the

cost of the new Barracks would be asked for from the

Colony, but from various causes, some of them in connec

tion with the proposed Praya Scheme, it has not been

practicable to form a fairly correct scheme of require-

ments at an earlier date

(10) As to the amount of expenditure, which will

fall on the Colony, I am to observe that Contracts for

building in Hong-Kong are made in dollars, and that the

purchasing power of silver with regard to local labour

and materials has so far not fallen so much as it has

with respect to gold.

(11) I am to add that the burden on the Colony

would consequently be more correctly expressed in

Dollars than in sterling and with less chance of mis-

conception.

I have the honor to be,

Sir,

Your obedient Servant,

Ralphe Thampton