CO129-550-1 Estimates 1935 14-9-1934 - 15-9-1934 — Page 20

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

19

to be a charge

on

surplus balances.

>

think

that it

we be

muquestionably wrong, while the mesent uncertainty exiels, to

restree

the Smples Balances by

with

any changes which can

mapriety be

met from other

Sonces, meheding the moneys

1

recently raised by the local lean.

H-K. has steadily simoned

4

policy of conservative budgeting

which has resulted in

her being

in

no

desperate financial

is

to think that

no reason

shails

depression is upon her, a there

While the trade

the absence of any startling

Zuchorals

expenditure

ممکن

retrenchment o

this recasion means

б

that they Gout are unappreciative

of the

thin

season

which may

have to be endured next year,

is 10

Budget in

tong trong

The

an extent presch winque in the Tolg - dependent

En

tim exchange

Page 20Page 21

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