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Fr. Wright: The statistics we chiefly need. are of foreign produce I have more in mind, Oil, and it could be extended to other
commodities if you provided for bonded ware- houses. We might extend the Convention to cover foreign produce.
Mr. Lloyd: Take Oil. There would be two kinds one for local consumption, the other would be for ultimate export to China and would go in bond.
They would pay the duty here. The
Customs would measure the tank and leavy the
duty.
His Excellency: I think that would be a distinct
advantage.
Mr. Johnston:
If it came into force, that would
assist us very materially.
His Excellency: I do not object to it, it has its advantages, but it involves more expenditure on the Hong Kong Government.
Hr. Southorn The adoption of these arrangements is going to save you money.
Mr. Haze: It is going to help us to protect the Revenue, we get duty when the goods come into a Treaty Port.
His Excellency: There is no Clause which provides it, but I should be quite willing to include a clause providing for the payment of duty in Hong Kong.
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