CO129-444 - Governor Sir May & Acting Governor Claud Severn - 1917 [10-12] — Page 106

ASSETS AND LIABILITIES ON 31ST DECEMBER, 1916, AND 31sr DECEMBER, 1917,

(ESTIMATED).

Revenne,.... Expenditure,

1916.

13,833,286,86 11,079,914.82

1917.

Revenue, Expenditure,

.$14,257,330.00 13,690,170.00

1

Surplus,

Debit Balance, (1915), Balance of Assets, (1916),

2.753,472.04

•152,686,84

.8

$2,300,785.20

1

Balance of Assets, (1917), $ 2,867,945.20

LOAN ACCOUNT.

Sonclosure 6.

HONGKONG LEGISLATIVE COUNCIL

86

11TH OCTOBER, 1917.

567.160.00 Surplus,.. Balance of Assets, (1916), 2,800,785,20

Or.

PRESENT:~

HIS EXCELLENCY THE GOVERNOR, SIR FRANCIS HENRY MAY, K.C.M.G.

F.

MAJOR-GENERAL HIS EXCELLENCY VENTRIS (Gentral Officer Commanding Troops in China).

HON MR. CLAUD SEVERN, C.M.G. (Colonial Secretary).

HON. MR. J. H. KEMP (Attorney. General)."

HON. MR. E. D. C. WOLFE (Colonia! Treasurer).

HON. MR. E. R. HALLIFAX (Secretary for Chinese Affairs).

HON MR. Mc.I. MESSER (Captain Superintendent of Police).

HON. ME. W. CHATHAM, (Director of Public Works).

C.M.O.

Papers

THE COLONIAL SECRETARY, by command of H.E. the Governor, laid on the table Sessional Paper 17-an abstract the between showing the differences approved estimates of expenditure for 1917 Aud the estimates of expenditure for 1918; and Sessional Paper 18-the finan- cial statements in connection with the estimates for 1918.

The Budget

THE COLONIAL SECRETARY moved the first reading of a Bill intituled, “An Ordinance to apply a sum not exceeding eight million, three hundred and sixty- eight thousand, nine hundred and ten dollars to the Public Service of the year 1018," for the following purposes :---

Expenditure

Dr.

HON. MR. WEI YUK, C.M.G. HON. MR. H. E. POLLOCK, K.c.

Governor

84,081

Colonial Secretary's

Depart-

1916..

1917 (Estimated).

1916.

1917.

HON. MR. LAU CHU PAK. HON. MR. C. E, ANTON. HON. MR. R. G. SHEWAN.

ment and Legislature Colonial Secretary's Special Ex-

81,072

penditure

850

War Loan Stock 18sue

In-

of 1916 at 6%. torest 10 be paid off on the 31st Decem- ber, 1928, ..

$2,250,000

$3,000,000

Sinking Fund,.

Inseribed Stock Issues

of 1893 and 1906 at 34%. Interest to be

paid off on the 15th April, 1943,

£1,485,782. 16, 5£1,485,732. 16. 5 Siuking Fund, £283,784. 3. 9

£258,194. 3. 1

$200,000

E, D. ('. WOLFE, Treasurer.

HON. Ma. S. H. DODWELL.

MR. A. G. M. FLETCHER (Clerk of Treasury Council).

Financial

THE COLONIAL SECRETARY, command of H.E. the Governor, laid on the table Financial Minutes Nos. 62 to 64, and moved that they be referred to the Financial Committee.

Royal Observatory

Miscellaneous Services

THE COLONIAL TREASURER second- Judicial and Legal Departments ed, and this was agreed to.

Financial Minutes

THE COLONIAL SECRETARY, by command of H.E. the Governor, laid on the table report of the proceedings of the Finance Committee, No. 11, and moved that it be adopted.

Expenditure

Medical Department Sanitary Department

THE COLONIAL TREASURER second- Botanical and Forestry Depart- cd, and this was agreed to.

Secretariat for Chinese Affairs...

57,487

Audit Department

36,581

67,622

Harbour Master's Department... Harbour Master's Specia! Ex-

200,316

penditure

500

by

Imports and Exports Depart-

ment

850,827

Imports and Exports Special

Expenditure

B00

23,252

$46,700

268,138

+

Judicial and Legal Special

180

Police and Prison Departments 1,039.734 Police and Prison

Expenditure

Special

700

276,397

308,466

Sanitary Department's Special

Expenditure

3,000

ment

52,564

HONGKONG, 4th October, 1917.

102