CO129-519-1 Estimates for 1930 5-9-1929 - 14-11-1929 — Page 126

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

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provide in this Budget any sum for carrying out the recommendations of the Commission.

But from its

knowledge of the public confidence enjoyed by the

distinguished members of the Commission the

Government has little doubt but that the recommendations

of the Commission will be such as to commend themselves to this Council and, subject to such amendments, if any, as may appear necessary to this Governmont and to the Secretary of State, and to the Secretary of State's covering approval, the Government hopes to be in a position at a later date to invite this Council to make provision from the unallocated funds to which I have already alluded of a sum sufficient to carry out the recommendations of the Commission as from the 1st January next. not been possible in the time available to work out the figures with any degree of accuracy but a rough estimate seems to show that the additional cost of the

recommendations will be in the neighbourhood of

3

It has

$1,000,000 per annum, with exchange for salary purposes reckoned at 1/10d which is the rate adopted for the calculation of other sterling expenditure throughout the Estimates. Should exchange remain at its present rate the additional cost should work out at a considerably

lower figure.

Before closing my remarks I should like

to express my indebtedness to my Staff at the Secretariat and particularly to the Second Assistant

Colonial Secretary for their untiring assistance in

the

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