CO129-597-1 Estimates 1948 15-11-1946 - 12-6-1948 — Page 53

private "dérations have considerably exceeded the instaurate, & thist it will be necessary for Government to make former provision in the near future in ader to maintain their dollar for dollar conticuation

53 In paragraphs 31 and 35 ofthe despatch Sir M. Young

the Governor referadto certain liabilities

from Galsworthy that, in the light of your letter to him No. IF.

Mu

of The 25 in

nas

4.

IF.16/04

he is

July, getting alwad

with the consideration

១

The general principles to be followed in the F.E. tenituries under

Treasury control sin determining the allocation of new

expenditure as between

5.

6.

whose incidence of charge has not yet been

As you know, I

settled. We have mentioned these in our

To Hay Harg

despatch of the 14th June, 1947, in which

we asked for a financial appreciation over the

next five years so that consideration might be

given to Hong Kong's application for a

"Malta" grant. The question of H.M.G. meeting

the cost of the return passages of ex-internees

and prisoners of war has, however, already been

Separately

taken up with you in Scarlett's letter of

8th May, 1947 (55081/18/46).

I understand hat certain principles have

Recently been evolved governing the alleeation

of expenditure in Treasury controlled Colonies.

The as between revenue and C.D. & W. funds. These

question is however rather complicated principles have been drawn up with specific

deepܡܪܝܳp

reference to the West Indian Colenies, and the

inn relation

question of their application to Hong Kong, still are auximis not remains to be considered. We de net, however,

and wre

wich to hold up approval of the Estimates whilst

We

this question is being sorted out, and therefore

mat our appenval of

propose to approve the Estimates en the

should be

Given new, understanding thet

lut-

proval would be without

prejudice to the ultimate decision on this

particular question.

Subject to any comments you may have, we

should be glad to receive your agreement to our approving these Estimates on the understandings

accordingly Kursstom prohose to

3 surd

5

referred to in paragraph 3(a), (b) above, we

should also for to the

Yours sincerely,

reference to the necessity for raising

addek

additional revenue in the terms suggested in para. 2 above.

4 with a

7.

We

пре

+18/57/44

writing to for separately on the question of Treasmy control over Hongkong finances for 1947/8.

Yoous sureering