CO129-294 - Governor Sir Blake - 1899 [10-12] — Page 441

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

Encl: 2. Incl: 3.

30th Sept 1899. 1237 Nov: 1899.

27373

438

4. Paragraphs 3 (a) and 3 (c) Paper No.40; containing the Estimates of Assets and Liabilities, is attached, as is also the explanation of those statements given by the Colonial Treasurer in Finance Committee. All the Members of the Legislative Council except Mr. Whitehead were satisfied with the explanation. I may mention that a query was raised by you in your despatch No.24 of January 29th, 1898 regarding the statement of Assets and Liabilities, and that a similar explanation to that now offered was given in my predecessor's despatch No.63 of the 11th March.

There can, however, be no doubt that the publication of two balances is misleading, and steps will be taken to avoid this in future.

5. Paragraph 5 (b). As regards Deposits not available, it would not assist the Council in any way, in considering the Estimates, to state the principal items, and Mr. Whitehead is not correct in his supposition that monies have been applied in aid of General Revenue.

6. Paragraph 5 (d). On reference to Paper No.40, it will be found that a sum of $138,292.04 actual+

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Encl: 2. Incl: 3. 30th Sept 1899. 1237 Nov: 1899. 5 27373 438 4. Paragraphs 3 (a) and 3 (c) Paper No.40; containing the Estimates of Assets and Liabilities, is attached, as is also the explanation of those statements given by the Colonial Treasurer in Finance Committee. All the Members of the Legislative Council except Mr. Whitehead were satisfied with the explanation. I may mention that a query was raised by you in your despatch No.24 of January 29th, 1898 regarding the statement of Assets and Liabilities, and that a similar explanation to that now offered was given in my predecessor's despatch No.63 of the 11th March. There can, however, be no doubt that the publication of two balances is misleading, and steps will be taken to avoid this in future. 5. Paragraph 5 (b). As regards Deposits not available, it would not assist the Council in any way, in considering the Estimates, to state the principal items, and Mr. Whitehead is not correct in his supposition that monies have been applied in aid of General Revenue. 6. Paragraph 5 (d). On reference to Paper No.40, it will be found that a sum of $138,292.04 actual+

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Enel: 2. Incl: 3. 30th Sept 1899. 1237 hov: 1899. 5 27373 438 4. Paragraphs 3 (a) and 3 (c) Paper No.40; containing the Estimates of Assets and Liabilities, is at- tached, as is also the explanation of those statements given by the Colonial Treasurer in Finance Committee. All the Members of the Legislative Council except Mr. Whitehead were satisfied with the explanation.. I may mention that a query was raised by you in your despatch No.24 of January 29th. 1898 regarding the statement of Assets and Liabilities, and that a similar explanation to that now offered was given in my predecessor's despatch No.63 of the 11th. March./-/ There can, however, be no doubt that the publication of two balances is misleading, and steps will be taken to avoid this in future.... 5. Paragraph 5 (b). As regards Deposits not available, it would not assist the Council in any way, in' considering the Estimates, to state the principal items, and Mr. Whitehead is not correct in his supposition that 98 monies have beeň applied in aid of General Revenue. 6. Paragraph 5 (d). On reference to Paper No.40, it will be found that a sum of $138,292.04 actual + and

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Enel: 2. Incl: 3.

30th Sept 1899. 1237 hov: 1899.

27373

438

4. Paragraphs 3 (a) and 3 (c) Paper No.40;

containing the Estimates of Assets and Liabilities, is at-

tached, as is also the explanation of those statements given

by the Colonial Treasurer in Finance Committee. All the

Members of the Legislative Council except Mr. Whitehead were

satisfied with the explanation.. I may mention that a query

was raised by you in your despatch No.24 of January 29th.

1898 regarding the statement of Assets and Liabilities, and

that a similar explanation to that now offered was given in

my predecessor's despatch No.63 of the 11th. March./-/

There can, however, be no doubt that the

publication of two balances is misleading, and steps will

be taken to avoid this in future....

5. Paragraph 5 (b). As regards Deposits

not available, it would not assist the Council in any way,

in' considering the Estimates, to state the principal items,

and Mr. Whitehead is not correct in his supposition that

monies have beeň applied in aid of General Revenue.

6. Paragraph 5 (d). On reference to Paper

No.40, it will be found that a sum of $138,292.04 actual

and

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