CO129-623-9 Estimates of Expenditure- includes a report for the year ending March 1952 1-2-1951 - 30-11-1951 — Page 9

singularly inopportune time to do this; and I cannot help fating that part at

hair of the дил +

present

a simplers

/

to

reason

doing

for this is

a desire

estimates which show

with out increased taxation,

and so support H.K.'s determination not to try to increase taxation. Whilst

normally it is

no

Co

to estimate

s in a

doubt a good thing

clovely

possible 4.4.

very peculiar position in that

on sumpreses, of a

she has to rely

a

fanly large order, we to finance development work. I have

above

angued that to get sufficient supluses 4.4. needs to nivease taxation and it Seems to me in all the circumstances that if extremely conservative estimating is the only way

increased taxation part Leg. Co. then she should stick, as in the past, to such coursewatol estimating.

де

8. The

from (1)

H.K came

only other points ausing

in paras. 78. I

(1) are

believe the consolidation proposals

have als

already

establishment

been approved and the

the two funds is

f the

answer

under consideration on 54466/1/51, should endeavor to get a final to on this matter off before 7/3/51. We

have a

on

already commented to the Governor 94503/10/51 on the proposal to include $8 million in the estimates in

respect of the

the Colony's contribution

for 1951/52 towards

towards the cost

f