3
MONDAY, JULY 8, 19ġi 1901
SIR DAVID EMPHASISED THAT THE GOVERNMENT WAS VERY THE NUMBER OF IMPORTED LABOUR.
"WE ONLY BRING IN PEOPLE WHERE THERE ARE SHORTAGES WE DO NOT BRING IN LARGE NUMBERS," HE STRESSED.
HE
EXPLAINED
UNDER THAT THOSE WHO CAME IN WERE IN TERMS CONTROL
OF THE WAGES PAID AND UNDER PROPER CONTROL ON TWO-YEAR CONTRACTS.
CAREFUL IN
IDENTIFIED.
VERY STRICT IMMIGRATION
A. doob
"THEY'RE PAID THE MEDIAN WAGE FOR THE JOB, WHICH IS WAGE. THEY HAVE TO BE LOOKED AFTER IN TERMS OF HOUSING BENEFITS AND SO ON,"
SIR DAVID SAID.
HE REASSURED THAT THERE WAS NO QUESTION OF BRINGING LABOUR WHICH WOULD UNDERCUT THE COST OF LABOUR IN HONG KONG.
IN CHEAP
NOR SHOULD THERE BE A WORRY ABOUT WHERE THESE IMPORTED LABOUR HAD WOULD STAY BECAUSE THE EMPLOYERS HAD TO PROVIDE ACCOMMODATION AND TO SATISFY THE GOVERNMENT THAT THEY COULD PROVIDE ACCOMMODATION, ADDED.
HE
ACTIONS TAKEN IN THE INTEREST OF DEPOSITORS
FS
THE ACTIONS THAT THE GOVERNMENT HAS TAKEN IN RESPECT OF THE INTEREST OF BANK OF CREDIT AND COMMERCE HONG KONG LIMITED ARE IN THE
SAID THIS THE DEPOSITORS, THE FINANCIAL SECRETARY, SIR PIERS JACOBS, (MONDAY) EVENING.
"THE SITUATION IS UNDER CONTROL. MY MAIN CONCERN OF COURSE TO TAKE STEPS UNDER BEEN THE PROTECTION OF ASSETS. SO WE HAVE BANKING ORDINANCE IN ORDER TO PROTECT THE ASSETS OF THE BANK HONG KONG," HE SAID.
HAS
THE
HERE IN
AT THE CENTRAL GOVERNMENT
WOULD
WHAT
MEDIA SPEAKING TO MEMBERS OF THE OFFICES LOBBY, SIR PIERS SAID HE HAS REVIEWED THE SITUATION AND
FURTHER
"WB TOMORROW,
ARE GOING TO DECIDE BE REVIEWING IT ACTION WE SHOULD TAKE AND WE WILL ISSUE A FURTHER REPORT.'
SWIFT "BUT AS I SAY WE HAVE TAKEN FAIRLY DESIGNED TO PROTECT DEPOSITORS. IN ASSETS ARE
THERE AND THEY JURISDICTION, HE SAID.
ASKED
I
WHETHER
DO
ACTION SPECIFICALLY
OTHER
WORDS, то MAKE SURE THE NOT DISAPPEAR
FROM OUT
OF
OUR
ANNOUNCEMENTS
THE GOVERNMENT'S
INCONSISTENT, SIR PIERS SAID NOT AT ALL.
IS
HAD
BREN
YOU DON'T
CLosk
WE DID
A
"THE FIRST POINT I WOULD LIKE TO MAKE BANK UNLESS YOU FEEL IT IS ABSOLUTELY NECESSARY. ON SATURDAY, NOT CONSIDER IT WAS NECESSARY.
/"WE THEN
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