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almost $400,000 more revenue. These heads of revenue in Hongkong could be made to yield a large increase, either by the establishment of a farm or by other means,”
Pawnbrokers in Singapore yield $188,182.00 more than in Hongkong. In Singapore the licence for a Pawnbroker's Shop varies from $10 in the country to $900 in the town per annum, while in Hongkong the average amount paid by the 42 shops is about $1,122 a year. A larger amount of revenue could in Hongkong be derived from this source.
4. Stamps, Hongkong in this item shows an excess over Singapore of about $170,000, which gives evidence of the greater amount of business transacted in Hongkong. Revenue under this head could easily be raised by increasing probate duties, receipts, promissory notes etc. Postage. Hongkong is the Postal Centre of the East and shows in 1900 a revenue $159,349.94 greater than Singapore.
7. Post and Harbour Dues. The Post and Harbour Dues at Singapore are several times as great as those in Hongkong. By raising Harbour charges in Hongkong to the level of the charge in Singapore, an increase of revenue of about $100,000 could be obtained. In Hongkong the large sum of $43,550.00 was obtained in 1900 by granting permission to work Cargo on Sundays. These fees were originally introduced to stop the practice of Sunday working but have now become a fair item of revenue.
Revenue could be derived by the Government taking charge of all buoys in the Harbour and renting them out or by putting up certain positions in the Harbour to auction.
11. Interest. Hongkong yearly derives a large amount of revenue from the sale of subsidiary coin. This revenue has so far been, and has every appearance of being, steady; but it cannot be relied upon as a permanent source of revenue.
15. Land Sales. Hongkong in 1900 obtained the large amount $318,323.92 from land sales. At the present time there exists a large demand for land, and recently land speculation was very great. At the present moment the sale of land is being delayed by the insufficiency of labour, and by the uncertainty of what measures the Government intends to introduce in the new building ordinance. Land sales can generally and safely be relied upon to bring in an annual revenue of $250,000 to $300,000 and the more land sales, of course, the greater the amount of Crown Rent and Assessed taxes.
Municipal Revenue and the equivalent taxes in Hongkong compare favourably with those in Singapore. This item of revenue has in Hongkong increased very largely during the last few years; the percentages are practically the same as those in existence in Singapore. Since 1888 the percentages in Victoria and the Hill District have remained unaltered. The percentages in parts of the Kowloon peninsula have been increased from time to time on the introduction of waterworks etc.
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almost $400,000 more revenue. These heads of revenue in Hongkong could be made to yield a large increase, either by the establishment of a fara or. by ather means,”
Pawnbrokers in Singapore yield 188,182.00 more than in Bongkong, In Singapore the licence for a Pawnbroker's Shop varies from $10 in the country to $900 in the town ■ aenth, while in Hongkong the average amount paid by the 42 shops is afrout $1,122 a year.▲, largeramount of revenue could in Hongkong be derived from this source.
4. Stamps, Hongkong in this item shows an axoasm over Singapore of about $170.000, which gives evidence of the greater amount of business transactel in Hongkong. Revenue under this lead could easily be raised by increasing probate duties, receipts, promissory notes etc., Postage. Hongkong is the Postal Centre of the East and shows is 1900 a revenue $159,349.94 greater than Singapore.
7. Post and Harbour Duss. The Poet and Harbour Dues at Singapore are several times as great as those in Hongkong, by raising Harbour charges in Hongkong to the level of the obarge in Singapore an in-crease of revenue of about $100,000 could be obtained. In Hongkong the large sum of $43,550.00 was obtained in 1900 by granting permission to work Cargo on Sundays. These fees were orignably introduced to stop the practice of Sunday working but have now become a fair item of revenue.
Revenue could be derived by the Government taking charge of all buoys in the Barbour and renting them out or by putting up certain positions in the Harbour to auction.
11. Interest. Hongkong yearly derives a large amount of revenue fros the sale of subsidiary coin. This revanue has so far been, and has every appearance of baing, steady; but it cannot be relied upon as a permaneat source of revenue.
15, Land Sales. Hongkong in 1900 obtained the large amount $318,323.92 from land sales. At the present time there exist a labge demand for land, and recently land speculation was very great. At the present moment the sale offland is being delayed by the insufficiency of labour, and by the uncertainty of what measures the Government intends to introduce in the new building ordinance. Land sales can generally and safely be relied upon to bring in an annual revenue of $250,000 to $300,000 and the aore land sales of course the greater the amount of Crown Bent and Assessed taxes.
ruenue,
Yunicipal Revenue and the equivalent taxes-in Hongkong separe favourably with those in Singapore, this item of revenue has in Hong- koog increased very largely during the last few years; the percentages are practically the same as those in existence in Singapore. Since 1888 the percentages in Victoria and the Bill District have remained unaltered. The percentages in parts of the Towloon peninsula have been increased from time to time on the introduction of waterworks eto.
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