CO129-469 - Governor Sir Stubbs - 1921 [9-12] — Page 274

MINUTES.

MINUTES NOT TO BE WRITTEN

ON THIS SIDE.

No 402.

63017

RET 20

267

GOVERNMENT HOUSE.

HONGKONG.

1st November, 1921.

Sir,

Gor

12234

Governor's despatch No. 5 of 3rd Jarmary, 1921. Secretary of State's despatch No. 83 of 21st

11237

March, 1921.

With reference to the correspondence noted

in the margin, I have

the honour to state that

the necessity for setting the high limit of $200,000 for the value of the standard stock of the Public Works Department during 1921 will certainly be no less strong during 1922, in view of the large programme of public worke in contempla-

-tion.

Indeed, on account of the rapid growth of the Colony, it is doubtful whether it will ever be possible to reduce the figure below $200,000, and I would suggest that that limit might be retained for the present, and the question reconsidered after three years.

I have the honour to be,

Sir,

Your most obedient humble servant,

7.2. Stubbs

Governor, &c.

THE RIGHT HONOURABLE

WINSTON CHURCHILL, M.P..

80..

&0..

&c.