CO129-534-6 Loans for public works 24-2-1931 - 11-8-1932 — Page 16

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

9

I agree that the whole ferition is altered,

because the financial position is ro

better than we were

led to expect

much

16

months

ago:

The water workomay

proceed as

the Sons.

Engineers have

reported satisfactorily. Ian still doubtful

about charging a gool to a loan, hit; fit

bas been done chewhere,

allow it in it. Kong.

Arsenal Ingree

we

may perhaser

As regards the Naval

that the cost

way

charged to erflus balances, if as

affe or that imply

mean

be

that they will

not have to raise extra taxation within

the year

excess expenditure.

to meet the excers

Joh Vernon

J. A. Culder

21:11:31

Would the charging to loan funds of the cast of building a gaol be contrary to any principles laid down generally? I see that Ceylon charged a tematic asylum to loan funds under Gd a 6 of 1926.

Allowell

26.11.

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