CO129-288 - Public Offices & Others - 1898 — Page 459

449

It should be amply wife to defray the cost of a simple adminis tiation which at pist will be little more than supervising local bodies and pustecto

life and property, willes that is/ a lage outlay on hublic worke

'

principle not an are mowing for the mrpose of developing

district, a furrince, Jacolon, which

amires to be

& mumerative

is for consideration

and if

from taxation of the new territory is esti-

mated at about £16,000, and as of opinion

མ་ཡིད་དམ་པ་ཡིག་བ་ད་ད་མ་མ་པ་མ་འམ་རམ་ད་iF44ae4lp94*9+ £6+Hd

·which

may be regarded poyart this as the income you will have at

your disposal for the first year or two at

any rate Some expenditure on public works

will no doubt be necessary from the very

first, and as the territory progresses this

expenditure may naturally be expected to in-

it

crease.

To meet is expenditure Mr Dockhart

has recommended that recourse should be had

to a loan; but while i am not

must keep

1 regard it, especiall

state of the finances

In view the preconsider that inte frommute

of Hong Kong,

and

632:6*སྶསུ

a foam Thuix be avoided if possible

sorted

qient.

aising en

und 17SUTT-

I should fees be glad to heart and

Shope to was

that the new territory we piyak it! Way

the was tomtory

Can be developed withint

baniy

recoure to a loan

will no doubt be preferable. I shall expect to receive your Uemmendations of this plant after yo

will

22

have cminders of

all it badges,

thout