CO129-584-2 Estimates 1941-2 21-2-1941 - 11-6-1941 — Page 15

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Fund for the service of that Fund in the

said financial year". I regret that owing to

'essure of work in this Department it was not

k you

ssible to "onvey my approval of the Estimates

the

losed in Mr. Smith's despatch under reference

earlier date.

ME

I have no comments on part:

rticular items

-enue or Expenditure for which provision has

in the Estimates, but I welcome the

i in paragraph 2 of Mr. Smith's

obtain further revenue to reduce the

Picit, and the decision to re-examine

of the failure of the business profits

tax to ield the estimated revenue from that source.

3. I recognise the heavy burden of special

expenditure which has to be borne by the Colony

t circumstances, and I should like to take

›pportunity of warmly acknowledging the generous

assistance which the Government and people of Hong

Kong have contributed not only to expenditure on

local defence, but also to H.M.G. for the general

prosecution of the war.

ti.

I have, etc.

(signed) MOYNE,