20
(1) I enclose a copy of the
statement enclosed in Hong Kong
despatch of the 24th of June, 1926
which I am sorry was omitted from
our official letter. It appears
from this that the figures you
quote are roughly accurate. The
under
total contribution en the old
system between 1901 and 1927 was
approximately 59 million dollars
as compared with 494 million on the
new basis. The figures of 1901 to
1922 were 36 and 31 millions
?
respectively.
Obviously on the
face of it it looks as if you would
have lost if the new basis had
been adopted earlier but it must be
emembered that if the claims for
elief which Hong Kong are now
utting forward had been conceded
earlier, the contribution would have
been considerably less. You will
see
Page 20Page 21
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