CO129-586-8 War Taxation 2-2-1940 - 11-5-1940 — Page 35

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

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35

TELEGRAM from the Governor of Hong Kong to the

Secretary of State for the Colonies.

Dated 2nd March Received at 9.43 a.m. on 2nd March, 1940.

No.96.

CONFIDENTIAL.

Your telegram No. 45.

Discussions have now

reached the stage at which I am assured that the Legislative

Council will next Thursday approve unanimously the motion

that war revenue taxation: measures be introduced and passed

as quickly as possible with effect from 1st April.

(2) Estimated Revenue from taxes may be put at

6 million dollars per annum and assuming two years period there would be 12 million dollars for disposal. Subject to your covering approval, proposals for appropriations which have

the complete support of the Naval Commander in Chief and General

Officer Commanding are as follows, all figures being on two years

basis of civil charges. (a) Cost of collection of 800,000 dollars

(b) Abnormal local defence expenditure due to current war 4 million

dollars.

Naval Craft (c) Two mine

sweepers 4,500,00 dollars.

(d) Four Harbour Defence vessels 1,400,00 dollars.

Army requirements (e) Two ferry tenders 300,000

dollars. (f) Balance of 1 million dollars against short collection

or upward variation of estimates. It will be appreciated that these estimates are quite tentative and that the proposals may have to be varied if tenders render the present scheme

impracticable.

(3)

Regarding the foregoing, (a) Salaries of officers

seconded to new departments not chargeable there to except for the cost of replacement if any.

(d) Local Naval Authorities do not consider that

the vessels suggested in your telegram under reference sufficiently

larg

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