of Expenditure under the head,
for works not annually recurrent should be kept distinct from the total Expenditure on other services, which should not, as a rule, exceed the total estimate of revenue exclusive of land sales. It is not, however, necessary to re-establish the special Land-sales fund which formerly existed in Hong Kong, out of which special votes outside the Estimates were taken for extraordinary Public Works, since it is desirable to maintain the practice of placing all the Expenditure under the Annual Estimates.
I would add that in recent years, although the special Land-sales fund has been abolished, the Expenditure on extraordinary Public works has, as a matter of fact, more or less balanced the Revenue derived from Land Sales.
DRAFT.
Mr. ...
Dr. ...
MINUTE.
Mr. Antrobus.
Mr. Cox.
Mr. Lucas.
Mr. Graham.
Sir E. Wingfield.
Earl of Selborne.
Mr. Chamberlain.
403
18 I have carefully considered the memoranda from the Unofficial member of Council enclosed in your letter...
¡
of Expenditure the head,
d
for
works not annually recurrent
should be beft distinct from the total Expenditure
ow other services, which should
not, as a rule, exceed the
lotal estimate of revenue exclusive
of
land sales. It is not
however
necessary
to reestablish
the special Landsales fund
which formerly existed in
Hong Kong out of which special
votes outside the litumater
wen taken for extraordinary
Public Works, since it is
desirable to maintain the practise
DRAFT.
Mr.
Dr.
MINUTE.
Mr. Antrobus.
Mr. Cox.
Mr. Lucas.
Mr. Graham.
Sir E. Wingfield.
Earl of Selborne.
Mr. Chamberlain.
403
of placing all the Expenditure
ow the Annual Estimates.
I would add that in recent
years although the special Landsales fund has bann
abolished, the Expenditure
on extraordinary Public
works has as a matter of
an the average
fact's more or bus balanced the Revenue derived from
Loud Sales.
18 I have carefully considered
the memoranda from
of the Unofficial member of
Council enclosed in your Juhen
t
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