CO129-432 - Governor Sir May - 1916 [3-5] — Page 676

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of to both classes of investors in the Colony those who would be subject to the payment of income tax and those who would not. I should be glad if a scheme on these lines, the details of which could no doubt be fixed in consultation with the Hongkong and Shanghai Bank in London, could be adopted.

I have the honour to be,

Sir,

Your most obedient,

humble servant,

Governor,&c..