66892-1920-Legislative-Council-Minutes-No-8 — Page 3

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450 THE HONGKONG GOVERNMENT GAZETTE, DECEMBER 10, 1920.

Items of Receipts and Payments under their separate standardised heads in columns reading

1. Estimated Receipts 1920.

2. Receipts to date.

3. Receipts to same date previous year.

4. Receipts for same month previous year.

5. Receipts for Current month, with similar information on the other side respecting payments closing with the balances brought forward and carried forward to complete the account?

4. With regard to public moneys authorized to be lent at a low rate of interest in order to further the building of additional housing accommodation, will the Government cause a statement to be published annually in the Blue Book, giving particulars of the amount advanced by the Government, interest charged, accommodation to be provided, approximate rentals and security given for due fulfilment of contract and also terms of repayment and the names of the borrowers ?

5. Having regard to the fact that owner occupiers are undoubtedly a great asset in any community, will the Government set aside à sum of 300,000 dollars out of Revenue for the purpose of making advances at a low rate of interest to persons who are desirous of building inexpensive houses for their own occupation ?

6. Having regard to the popularity of the Bathing Beaches at North Point and Kennedy Town and to the fact that those areas are in danger of being required for various purposes in the near future, will the Government, before selling these public and accessible bathing grounds, arrange for the cheap transportation of intending bathers to the North Shore of Stonecutters' Island or some other convenient place for bathing?

7. If the Kowloon-Canton Railway (British Section) is in time to be linked up with the trunk lines of China and when such takes place, questions of rates and allowances are likely to be complicated ones based on both cost of construction, maintenance and running costs, and whereas all the Railways in China are and have been for sometime worked under. a very efficient and standardised form of Accounts, will the Government take immediate steps to place the Colony's Railway Accounts on a similar basis so that our officials may be in a position to discuss questions of rates on a common basis?

8. Is the Colony's interest on investments in British War Loan and Colonial Government

Stocks received free of Income Tax? If not, why not?

The Colonial Secretary replied.

SUPPLEMENTARY APPROPRIATION BILL FOR 1919.-The Colonial Secretary addressed the Council and moved the Second reading of the Bill intituled An Ordinance to authorize the Appropriation of a Supplementary Sum of Four million and twenty-six thousand three hundred and thirty-six Dollars and eleven Cents to defray the Charges of the year 1919.

The Colonial Treasurer seconded.

Question-put and agreed to.

Bill read a second time.

The Colonial Secretary then moved that the Bill be referred to the Finance Com- mittee.

The Colonial Treasurer seconded, and this was agreed to.

APPROPRIATION BILL FOR 1921.-The Colonial Secretary moved the Second reading of the Bill intituled An Ordinance to apply a sum not exceeding Fourteen million and eighty-four thousand six hundred and sixty-two Dollars to the Public Service of the year 1921.

The Colonial Treasurer seconded.

Mr. POLLOCK, Mr. LAU CHO-PAK, Mr. HOLYOAK, Mr. PARR, the Colonial Secretary, the Director of Public Works, and His Excellency the Governor addressed the Council.

Question-put and agreed to.

Bill read a second time.

Council in Committee on the Bill.

On Council resuming, the Colonial Secretary reported that the Bill had passed through Committee without amendment and moved that it be read a third time.

The Colonial Treasurer seconded.

Question-put and agreed to.

Bill read a third time and passed.

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