CO129-340 - Governor Nathan Acting Governor May - 1907 [4-6] — Page 102

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for boats $1,000. Repairs to houses and free rice

$310.

The credit balance of the account

now remaining in the Hongkong and Shanghai Bank amounts to

$33,768.12 to which will be added interest when the account

is finally closed.

The Committee beg to suggest to

Your Excellency that this balance be taken charge of by the

Government as a trust fund to be used as the Governor may

from time to time direct in assisting people resident in

the Colony who may on future occasions auffer similar loss

by storms.

When the fund was first started

Your Excellency undertook that the Colony should double

the amount collected by subscription.

In consequence of the generous

response made to our appeal it has fortunately not been

necessary for the Committee to ask the Government for any

part of their contribution. The General Committee have

consequently unanimously agreed to suggest to Your Excel- -lency that under these circumstances the sum for which

the Colony become liable to the fund be expended for

commencing at the earliest possible date, the construction

of the new typhoon refuge for small craft, a work which is so greatly needed in the interests of humanity and the

prosperity of this Port.

We believe that no better means

of disposing of this surplus could be found as a typhoon refuge for boats is so closely allied with the relief

fund for which this money was to have been voted.

I have etc.,

(sd.) C. P. Chater,

(sd.) Edbert A. Hewett,

Honorary Secretary.

Chairman.