Tientsin, Shanghai and Weihawei (Weilanwei),
to discuss the profit and loss figures,
The profit and loss account is as follows.
Revenue: $36630.74
C.P.O contribution: $7376.08
Total: $44006.82
Expenditure: $35110.98
Net profit: $8895.84 (or a small profit)
We should propound this scheme to C.P.O Treasury and F.O.
The Hong Kong Government's loss is $44006.82, with a 20% Military Contribution of $8801.36, resulting in a net loss of $36205.46, but the overall result is a small profit.
The weak point is that the agencies at Shanghai and Tientsin will probably object to continuing to bear the loss, including the amount necessary for the C.P.O contribution.
I would suggest removing the military contribution, which is borne from Imperial funds, to make up the loss of $5000 per annum.
This will avoid the question of changing the military contribution again, which will almost certainly be raised in connexion with the quinquennial review.
It will also be remembered that the F.O. is averse to increasing the postal rates.
(28522/08)
Tientsin, Shanghai and Line thing Tam
(Weilanver),
to
and loss fiquias
The profil
Save
are
0.87/09.
Q4
follows.
according
Ass Bontund
Revenue. *
3663074
C.P.0 contribution 7376.08
we should propound this scheme to
G.P.0 Treasury and
hat
Leve
out
Expenditure 35110.98.
15
Nat
it's own
F.O..
have cheasy proposed
Weihaiver shall bear
Agency
pointing 91
the
cost f
ha
and
Saying
will
ho
doubt
agree
to
Continue to
manitair
Me Agencies
A
at Shanghai oo Trentoin
if
The Loss
f
including the
amount necessary
contribution
The Hong Kong Gov
Lass
4400682
20%
Military Contribution
880136.
3620546
The rasselt
is
a
small profit.
The weak point about There frquies, however,
and Treasury
bropare to the C.P.0
is hack ich the agencies
sé This.
яз
Lut, pett
ther
Ron The
Oursa
H.H., Rey
Continue
$7376.
named
above
prom
*
will probably object
The prevent conscontine of
But this
forint which
tair
be expected
to
raise fr
they
Naray themselves
B
contribution
proportionn
Eve. is
corresponding
3 Agencies
net loss
Rase
on
the
net
That
would
annun,
I would
Ex leed
removed the
the expenditud
I make
to How Kong
$5000
icendingly sugy
per
out
That's'
But that
to make up the military
is borne prom Imperial funds.
I would
question of
not
the
taba
ef
ta
brasir g
it
will
-
changing
military contribution again
have to be
in connexin
Jon H. M.G.
to take
raised
almost certainly
with the quin
it up
It will also
(28522/08)
are
it
would
be remembered
side
4
Contribution
be a plyn
¿ssue.
hat he FO
averse to increasing the postal rates
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