CO129-414 - Governor Sir May - 1914 [10-11] — Page 227

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

the estimates genually but Ingrested that you

اور المرور

; make savings so that revenue

ایلام

she cover expenditure as werty

possible

:

and

/

Fow

proud

I to make the flowing obsoño.

spite

3. The year 1918, weer in

of the stato & war which has existed since Augurt has been charly my prosperous mat it apperes to me to be unwise

to anticipate a continuance of this prosperity in the exerting Cires. I thrill therfore that

it

may

will be that the estimati

Irevenue will not he nached.

I note that on

The Ravumption

wwwb

^

that werenne int prefil y 223

expectations,

$1,079,139

no has than

the segmild

balance revenue rexpenditure.

# sh he remembere's that driving

the continuance & was it will not the possible for the CA. pathe (either

to ussive a lovin as hehalf of the Colony

or to make adtances to

gr. fort from the samples armelit To a lakes extent Nother colonies," "Lempert the

it silf

souples balances of the Holong

be regarded i

at present partially non- begond bring to a large extent, wanting

non

"

liquid.

5. In these cires it seems to me to

من

he

hellssay

that expenditure was

for as possible.

be reduced as for

So far as

a

I can sett redaction

must be made the

the

programme

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