(see 53941/38)
obviously made more insecure.
The Colony's
8
future, both political and financial, is obscure and
7
long period planning of expenditure has been made
almost impossible.
One immediate effect of the
Japanese occupation has, for example, been the
interruption of the programme of Public Works which
were recently approved.
The 1939 estimates as passed by the
Legislative Council provide for:-
Revenue.
Ordinary
Land Sales
Transfer of Government
House and City
Development Fund
$
34,507,621
750,000
$
839,704
Total
36,097,325
Expenditure.
Ordinary
36,068,988
Extraordinary (P.W.)
1,688,235
Total
37,757,223
Deficit
1,659,898
The figures for previous years are:-
REVENUE.
Year
Ordin
Ordinary
$
1934
29,015,813
Land Sales
$ 558,473
Total
$
29,574,286
1935
28,185,593
244,957
28,430,550
1936
29,773,753
269,231
30,042,984
1937
32,667,903
528,464
33,196,367
1938
29,899,920
355,000
30,254,920
App.Est.
$
1939
34,560,000
1,100,000
35,660,000
Rev.Est.
1939
34,507,621
750,000
36,097,325*
*i.e. +$839,704
from Government Est.
House and City
Development Fund)
EXPENDITURE.
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