CO129-456 - Governor Sir Stubbs - 1919 [10-12] — Page 193

I agree.

This desp. is satisfactory' reading. The re:need I think

be no hesitation in approving these Est. The fact that the dollar has been taken at the value of 3/-, whe reas its actual value is nearly 5/-, pro- vides a very great margin of safety,

A.E.C.

1.1.20

GG2

2.1.10

N°

NO 356.

72733

23 FC 19

GOVERNMENT HOUSE,

HONGKONG. 6th November, 1919.

175

My Lord,

I have the honour to submit for the

signification of His Majesty's pleasure Ordinance No. 21 of 1919 entitled "An Ordinace to apply a aum not exceeding Eleven million one hundred and seventy-three thousand two hundred and twenty-six Dollars to the Public Service of the year 1920, together with the customary report by the Attomey-

-General.

2.

olosure!

Enclosure

Monelosures 344,

Endlosure 5.

Condosure 6. Enclosure

I enclose also eight copies of the

Estimates for Revenue and Expenditure, an Abstract showing the differences between the Estimates of Expenditure for 1919 and 1920, and the usual financial statements, together with copies of an address which I delivered on the occasion of the first reading of the Appropriation Ordinance and of a report of the debate on the second reading.

3.

I regret that it has not been possible to transmit the Estimates until so nearly the end of the present financial year but the Officer Administering the Govemment considered that it was desirable that they should not be dealt

a view in which I concur and as I with before my arrival did not land in Hongkong until the 30th of September it was not practicable to take the first reading of the Ordinance before the 16th of October and the second and third readings before the 30th. I fear that this despatch is not likely to

-

arrive

RIGHT HONOURABLE

VISCOUNT MILNER, G.C.B.,

&c. .

&C..