CO129-341 - Acting Governor May Governor Lugard - 1907 [7-10] — Page 567

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

Enclosure 6.

562

I also forward copies of the local "Hansard" containing reports of the Meetings of the Legislative Council held on the 17th September and on the 3rd and 10th October when the Estimates were dealt with.

On the first of those dates I introduced the Estimates with an explanation of the more important increases and decreases in the Estimates of Revenue and Expenditure and of the financial position of the Colony generally. On the 3rd October the proposals of the Government were criticised in speeches by two of the Unofficial Members of Council to which the Colonial Secretary, the Director of Public Works and I replied. The Appropriation Bill was then read a second time and passed the third reading in the following week.

It is with regret that I have to record a further decline in the Revenue of the Colony as shown by the Estimates for the ensuing year. This decline is due principally to two causes, the decrease in the receipts derived from the Opium Monopoly and the reduction in the rates of postage under the Rome Convention.

Your Lordship will observe that the question of supplementing the Estimates by increased taxation or by a further loan came under review in Council. I

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Enclosure 6. 562 3. I also forward copies of the local "Hansard" containing reports of the Meetings of the Legislative Council held on the 17th September and on the 3rd and 10th October when the Estimates were dealt with. On the first of those dates I introduced the Estimates with an explanation of the more important increases and decreases in the Estimates of Revenue and Expenditure and of the financial position of the Colony generally. On the 3rd October the proposals of the Government were criticised in speeches by two of the Unofficial Members of Council to which the Colonial Secretary, the Director of Public Works and I replied. The Appropriation Bill was then read a second time and passed the third reading in the following week. 4. It is with regret that I have to record a further decline in the Revenue of the Colony as shown by the Estimates for the ensuing year. This decline is due principally to two causes, the decrease in the receipts derived from the Opium Monopoly and the reduction in the rates of postage under the Rome Convention. Your Lordship will observe that the question of supplementing the Estimates by increased taxation or by a further loan came under review in Council. I

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nclosure 6. 562 3. I also forward copies of the local "Hansard" containing reports of the Meetings of the Legislative Council held on the 17th. September and on the 3rd. and 10th. October when the Estimates were dealt with. On the first of those dates I introduced the Estimates with an explanation of the more important increases and decreases in the Estimates of Revenue and Expenditure and of the financial position of the Colony generally. On the 3rd. October the proposals of the Government were criticis- -ed in speeches by two of the Unofficial Members of Council to which the Colonial Secretary, the Director of Public Works and I replied. The appropriation Bill was then read a second time and passed the third reading in the following week. 4. It is with regret that I have to record a further decline in the Revenue of the Colony as shown by the Estimates for the ensuing year. This decline is due principally to two causes, the decrease in the receipts derived from the Opium Konopoly and the reduction in the rates of postage under the Rome Convention. Your Lordship will observe that the question of supplementing the Estimates by increased taxation or by a further loan came under review in Council. I

2026-06-05 10:29:37 · Baseline

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nclosure 6.

562

I also forward copies of the

local "Hansard" containing reports of the Meetings of the

Legislative Council held on the 17th. September and on the

3rd. and 10th. October when the Estimates were dealt with.

On the first of those dates I introduced the Estimates

with an explanation of the more important increases and

decreases in the Estimates of Revenue and Expenditure and

of the financial position of the Colony generally. On the

3rd. October the proposals of the Government were criticis-

-ed in speeches by two of the Unofficial Members of Council

to which the Colonial Secretary, the Director of Public

Works and I replied. The appropriation Bill was then read

a second time and passed the third reading in the following

week.

It is with regret that I have to

record a further decline in the Revenue of the Colony as

shown by the Estimates for the ensuing year. This decline

is due principally to two causes, the decrease in the

receipts derived from the Opium Konopoly and the reduction

in the rates of postage under the Rome Convention.

Your Lordship will observe that

the question of supplementing the Estimates by increased

taxation or by a further loan came under review in Council.

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