CO129-554-1 Loans for public works 13-3-1935 - 30-11-1935 — Page 24

No. 387.

23

GOVERNMENT HOUSE,

HONG KONG,

Sir,

weth M Costa

for 5/5 memo.

8

Enclosure No.1.

19th June, 1935.

With reference to Sir William Peel's despatch

in 33850/34 No.259 of 23rd April, 1935, I have the honour to forward

copies of three Resolutions regarding Loan Works which

were passed by the Legislative Council on 16th May, 1935,

and to request your approval for the financial adjustments

involved.

Enclosure No.2

Enclosure No.3.

X

2. The first Resolution amends the Schedule of

the Hong Kong Dollar Loan Ordinance No.11 of 1934, and

the second and third Resolutions are in respect of excess

expenditure during the financial year 1934. The

circumstances connected with these Resolutions are

explained in the speech of the Colonial Treasurer, copy

of which is enclosed.

3. The increase from $3,400,000 to $3,864,943

under item 7 of the first Resolution is more fully

explained in the enclosed copy of a minute by the

Colonial Treasurer.

I have the honour to be,

Д

Sir,

Your most obedient, humble servant,

W.D. Southosh.

Officer Administering the Government.

THE RIGHT HONOURABLE

MALCOLM MACDONALD, M.P.,

860.,

&c.,

&c.