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MON
DROIT.
THE HONGKONG
Government Gazette.
報 py 轅 港
Published by Authority.
香
No. 17.
號七十第
VICTORIA, SATURDAY, 17TH APRIL, 1886. 日四十月三年戌丙 日七十月四年六十八百八千一
VOL. XXXII.
簿二十三第
LEGISLATIVE COUNCIL No. 23.
WEDNESDAY, 7TH APRIL, 1886.
PRESENT:
HIS EXCELLENCY WILLIAM HENRY MARSH, C.M.G.,
Administering the Government in the absence of His Excellency SIR GEORGE FERGUSON BOWEN, G.C.M.G.
His Honour the Chief Justice, (SIR GEORGE PHILLIPPO, Knt.)
The Honourable the Acting Colonial Secretary, (FREDERICK STEWART, LL.D.)
the Acting Attorney General, (EDWARD JAMES ACKROYD.)
the Colonial Treasurer, (ALFRED LISTER.)
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the Surveyor General, (JOHN MACNEILE PRICE.)
PHINEAS RYRIE.
WILLIAM KESWICK.
THOMAS JACKSON.
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WONG SHING.
ABSENT:
The Honourable the Attorney General, (EDWARD LOUGHLIN O'MALLEY,) on leave.
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FREDERICK DAVID SASSOON (on leave).
The Council met pursuant to adjournment.
The Minutes of the last Meeting, held on the 31st ultimo, were read and confirmed.
THE PROPOSED LOAN.-REPORT OF THE FINANCE COMMITTEE.-The Acting Colonial Secretary read the following Report of the Finance Committee:----
The Committee, although still thinking that, for many reasons, it would be preferable to raise the money locally, especially as there is now reason to believe that funds could be obtained here at 4 per cent., thus avoiding all risk of loss on Exchange, nevertheless unani- mously assent to the proposal of the Secretary of State that the Loan should be issued in London, provided that a 4 per cent. Loan can be issued not below par.
BILLS READ A FIRST TIME.-On the motion of the Acting Attorney General, seconded by the Acting Colonial Secretary, the following Bills were read a first time :-
(a.) A Bill entitled The Loan Ordinance, 1886.
(b.) A Bill entitled The Peace Preservation Ordinance, 1886.
The Ating Attorney General gave notice that at the next meeting of Council he would move the second reading of these Bills.
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