CO129-505-12 Estimates of expenditure 1928 1-9-1927 - 12-1-1928 — Page 21

No 391.

d. Ut

17/11/27

19 NOV 1927

Sir,

20

GOVERNMENT HOUSE,

HONGKONG. 17th September, 1927.

RECEIVED 22 OCT 1927

COL. OFFICE

Enclosure o.1.

penny

Enclosure No.2. Enclosure No.3.

Enclosure No.4.

Enclosure No.5.

enclos26

Tw

Enclos nos to

ove the honour to submit for the

signification of His Majesty's pleasure Ordinance No.13 of

1927, intituled "an Ordinance to apply a sum not exceeding

seventeen million four hundred and fifty thousand one hundred

and three dollars to the Public Service of the year 1928",

together with the Attorney General's report upon it.

2.

I enclose copies of an Abstract showing the

differences between the Estimates of Expenditure for 1927

and 1928, and of the proceedings of the second and third

readings which were taken on 15th September and of Sessional

Paper No.8 of 1927 which was laid on the table of the

Council at the second reading of the Bill. Copies of the

address which I delivered on the occasion of the first

reading, of the Budget Speech by the Colonial Secretary, and

of the Estimates of Revenue and Expenditure, were forwarded

to you in my despatch Ho.374 of 1st September, 1927.

3.

The financial position of the Colony, which

is the governing factor in framing a budget, is explained on

pages 3 and 4 of the Colonial Secretary's Budget speech. The

anticipated position at the end of this year is, after taking

into account the purchase price of the old Diocesan Boys'

School site which, as funds permitted, I decided could more

appropriately

THE RIGHT HONOURABLE

LIEUTENANT COLONEL L.C.M.S. ALLARY, I.P.,

&c.,

&c.,

&c.