CO129-293 - Governor Sir Blake - 1899 [8-9] — Page 604

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

601

of the fact that, almost contemporaneously with the subscription list being first sent round, the Government expressed their assent, which was published in the newspapers, to the terms of the 3rd Resolution, I am of opinion that the proposed Bill should provide for the refund to any persons, who wish to withdraw their subscriptions in consequence of the alteration of the scheme, of their subscriptions with interest at 4 per cent per annum from the time when such subscriptions were deposited in the Hong-Kong Bank.

It seems to me that, if a Bill in that form is passed, neither will the Jubilee Committee be able to take the objection that they are being exposed to legal proceedings, nor will any members of the public be able to take the objection that the Government is attempting to apply funds subscribed for one purpose to an entirely different purpose.

Such a Bill will also, by transferring the fund to the Colonial Treasurer, practically relieve the Government of further dealings with the Jubilee Committee.

I would suggest, however, that, before introducing any such Bill as I have proposed, it would only be courteous to address a letter to the Jubilee Committee pointing out (1) Mr. Ormsby's arguments against the original scheme, and (2) The Military objections to a level road round Mount Davis.

The outline of the proposed Bill, as above sketched out by me, should also be brought to the notice of the

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601 of the fact that, almost contemporaneously with the subscription list being first sent round, the Government expressed their assent, which was published in the newspapers, to the terms of the 3rd Resolution, I am of opinion that the proposed Bill should provide for the refund to any persons, who wish to withdraw their subscriptions in consequence of the alteration of the scheme, of their subscriptions with interest at 4 per cent per annum from the time when such subscriptions were deposited in the Hong-Kong Bank. It seems to me that, if a Bill in that form is passed, neither will the Jubilee Committee be able to take the objection that they are being exposed to legal proceedings, nor will any members of the public be able to take the objection that the Government is attempting to apply funds subscribed for one purpose to an entirely different purpose. Such a Bill will also, by transferring the fund to the Colonial Treasurer, practically relieve the Government of further dealings with the Jubilee Committee. I would suggest, however, that, before introducing any such Bill as I have proposed, it would only be courteous to address a letter to the Jubilee Committee pointing out (1) Mr. Ormsby's arguments against the original scheme, and (2) The Military objections to a level road round Mount Davis. The outline of the proposed Bill, as above sketched out by me, should also be brought to the notice of the

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601 of the fact that, almost contemporaneously with the subscrip- tion list being first sent round, the Government expressed their assent, which was published in the newspapers, to the terms of the 3rd. Resolution, I am of opinion that the proposed Bill should provide for the refund to any persons, who wish to withdraw their subscriptions in consequence of the alteration of the scheme, of their subscriptions with interest at 4 per cent per annum from the time when such subscriptions posited in the Hong-Kong Bank. were de- It seems to me that, if a Bill in that form is passed neither will the Jubilee Committee be able to take the objection that they are being exposed to legal proceedings, nor will any members of the public be able to take the objec- tion that the Government is attempting to apply funds sub- scribed for one purpose to an entirely different purpose. Such a Bill will also, by transferring the fund to the Colonial Treasurer, practically relieve the Government of further dealings with the Jubilee Committee. I would suggest, however, that, before introducing any such Bill as I have proposed, it would only be courteous to address a letter to the Jubilee Committee pointing out.- (1) Mr.Ormsby's arguments against the original scheme, and (2) The Military objections to a level road round Mount Davis. The outline of the proposed Bill, as above sketched out by me, should also be brought to the notice of the

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601

of the fact that, almost contemporaneously with the subscrip- tion list being first sent round, the Government expressed their assent, which was published in the newspapers, to the terms of the 3rd. Resolution, I am of opinion that the proposed Bill should provide for the refund to any persons, who wish to withdraw their subscriptions in consequence of the alteration of the scheme, of their subscriptions with interest at 4 per cent per annum from the time when such subscriptions

posited in the Hong-Kong Bank.

were de-

It seems to me that, if a Bill in that form is passed neither will the Jubilee Committee be able to take the objection that they are being exposed to legal proceedings,

nor will any members of the public be able to take the objec-

tion that the Government is attempting to apply funds sub-

scribed for one purpose to an entirely different purpose.

Such a Bill will also, by transferring the fund

to the Colonial Treasurer, practically relieve the Government

of further dealings with the Jubilee Committee.

I would suggest, however, that, before introducing

any such Bill as I have proposed, it would only be courteous to

address a letter to the Jubilee Committee pointing out.-

(1) Mr.Ormsby's arguments against the original

scheme, and

(2) The Military objections to a level road

round Mount Davis.

The outline of the proposed Bill, as above

sketched out by me, should also be brought to the notice of

the

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