Sessional_Paper_1894 — Page 277

HONGKONG.

REPORT ON THE BLUE BOOK AND DEPARTMENTAL REPORTS FOR 1893.

Laid before the Legislative Council by Command of His Excellency the Governor

273

No. 4

19

04

1.-TAXATION.

A fee of $1.50 annually is chargeable under Ordinance No. 9 of 1893 for each dog licensed by the Captain Superintendent of Police.

2.-REVENUE AND EXPENDITURE.

The Revenue amounted to $2,078,135.26, or excluding premiums from Land Sales and Water Account to $1,940,260.69; and the Expenditure amounted to $1,920,523.56, including Extraordinary Works not chargeable against the new loan; excluding these, to $1,903,694.57.

The Revenue and Expenditure for the past five years have been:-

Extraordinary Expenditure, including

Water Account. Receipts.

Water Account. Expenditure.

Year.

Revenue. Premia from Land.

Ordinary Expenditure.

Defensive Works.

1889,...$1,823,549.13

$154,725.60

$1,459,167.16

$374,551.63

......

1890,... 1,995,220.47

16,638.80

1,517,843.05

397,507.42

..

1891,...

1,907,054.43

51,761.47

1,868,073.26

514,526.39

$66,486.61

1892,... 2,032,244.10

121,828.84

1893,... 1,940,260.69

62,971.08

1,882,474.49 377,502.34 1,903,694.57 (a) 16,828.99

3.-LOCAL REVENUES.

82,860.43

74,903.49

$ 66,486.61 82,860.43 74,903.49

The Chinese inhabitants voluntarily contributed in 1893, to the pay of the District Watchmen,

and received from the Government for the same object a grant-in-aid of .

4. ASSETS AND LIABILITIES.

.$7,505.28 500.00

On the 31st December, 1893, the assets of the Colony exceeded its liabilities by....$1,489,023.54 The surplus assets in:—

1886 the liabilities exceeded the assets by.........$ 191,512.29 (6)

1887 the surplus assets were

1888

Do.

1889

Do.

1890

Do.

1891

Do.

(d) 1892

Do.

1893

Do.

......

5.--PUBLIC DEBT.

631,374.08 (c)

360,649.76,

505,109.87

309,732.25

231,177.51

35,105.87

1,489,023.54 (e)

A further loan of £200,000 was raised under Ordinance 2 of 1893.

Amount of original Loan, £200,000. Amount of Sinking Fund of the original Loan, £51,768.

6.-MILITARY EXPENDITURE.

The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the last seven years has been as follows:-

1887,

1888,

1889,

1890,

1891,

1892,

1893.

Military Contribution, exclusive of

Defensive Works, and

inclusive of Volunteer Corps.

..$128,815.63

134,594.68

Defensive Works.

£43,710. 7. 6 10,036. 4. 0 9,678.14. 5 832. 1. 1

Defensive Works.

$258,444.28

62,115.90

134,261.12

63,753.73

124,646.96

5,082.92

421,002.01 (f)

20,005.45

3,102. 1. 7

269,005.27

306,744.73

(a) Exclusive of $338,315.96 chargeable against the new loan.

In the years 1886-91, the liabilities on 31st December did not include salaries and local Departmental charges for the month of December. (c) A loan of £200,000 having been raised during 1887 to be paid off on the 1st of March, 1907.

(d) In 1892 there were 13 monthly payments.

(e) Including the uuspent balance of the new loan.

The Military Contribution was doubled from 1st January, 1890, and the arrears for 1890 were paid in 1891.

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