XN000022-1971-02-24 — Page 27

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Wednesday, February 24, 1971

had a

The expenditure ostimates, while likely to be substantially

different in actual outcome - possibly higher as now ideas and policies

omerged, possibly lower if achievement fell behind intention

much sounder basis in fact as they were compiled from actual

cases approved

-

plans of expansion.

and in some

Sir John hoped they would serve to illustrate his "often-repoated

contention" that critics underestimated tho built-in growth in Hong Kong's

planned expansion "by looking only at the year's estimates, and ignoring

the seeds of future expenditure."

+

I

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