CO129-313 - Governor Sir Blake - 1902 [10-12] — Page 94

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

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except that I do not think we need telegraph.

I would add that if

whe

a.

loan is eventually equired, it shd. certainly be confined

to meeting large expenditure on waterworks

in our desh on

as suggested in

33303, 4 shd.

mot include the other items sheafed

in encl 8 to 48590;

these waterworks are

*

Day

that whether

to be met from Revenue

it

& Balances, or from loan.

an

increase

only

in the

reasonable that this large expenditure shot. be accompanied by arsessed taxes, amounting to at least 1% on the rateable value of property, suggested in

our desh, on.

I suggest

As

33303, if not

that it seems

to the full 2% suggested in sub encl. I of 33303; - possible that this 2% mcrease, together with the proceeds of hand sales for the

mext few years, - if,

as is understood to be the case, there has been a

there has been a revival in the

sufficient fourds

to a

prices obtained for land - may be obtained for all contemplated

Pub, wks, without having recourse loan at all. [This, as you know is dis b. P. Chater's opinion]

"

gur 87/12

There Estimates have been well dealt with both in the colony of here.

dazzlechef

I Mink we should telegraftch 466)

(

Preferring to your

oscillated

93

and 12. Johan Estimates including Public Works tihelise

47.772/12 approvable

ta

thoradh generally, apponce but loan appears

cessan Despatch by mail.

to be connecessan

for consideration

Draft on M-Fiddian's minute; suggest

that if necessary hereafter, the assessed

might

suggested

taxes

well be rained, as

in M. Johnson's minute, but do not rub it in for much.

Also lay stress on not bonowing exact- for directly reproduction bookle, bolets it is a case a special urgency. which immediate large expenditure would prevent loss

Some public calamity Sothis.

If life & further langer expenditure, & look up a recat B-Gen despatch to B. Guiana

on

732 10! this subject of bromowing, quoting

it if applicable

C.Pd.

11 Dec

at once

(Su also further

munte aunerad. I

Estimates left in Def

19/12 A.F.

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