CO129-511-11 Estimates- 1929 21-9-1928 - 14-11-1928 — Page 11

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

11

in various Departments, it will

be essential to increase the

salaries of Shroffs and other

Chinese officials concerned with

money.

3.

4 Considerable

expenditure will also be necessary

in the near future on water

is

met

works. While these will be made

from loan funds, the charges

D

I have not here

referred specifically to Persia as this is an open despatch and such a ref. might be taken as a direct

w

hint that the new Persian Govt. monopoly intended to make use of its monopoly power to squeeze the consumers of raw opium.

12/11

loand

on the lines will form a

permanent increase in the expendi-

ture of the Colony.

4. I observe that a slight

increase in the revenue from Opium

is expected.

Under present

conditions this is a somewhat

precarious source of revenue

owing to the difficulty of preventing

smuggling and to the fact that the

sources of supply of raw opium

are

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