[vii]
24. In conclusion the Commission recommends that no expenditure on account of public works should be included in the yearly Estimates, unless there is every reason to anticipate that such moneys will be expended during the financial year, and that such works as are approved in those Estimates should be taken in hand without delay and not postponed unless for exceptional reasons.
ро
Hongkong, 29th March, 1992.
J. H. STEWART LOCKHART, Chairman.
JOHN THURBURN.
L. F. BROWN, Col.
GODFREY C. C. MASTER.
I agree with the above Report except that I am not of the opinion that the Crown Agent system works well. I think the Government would be better served by its own Agents, under its own orders, whom the Government could change when dissatis- fied. I do not think that the Crown Agents should be entrusted with the floating of loans. That should be done through a Bank or financial firm of first class standing.
ROBERT SHEWAN.
131
No comments yet.
Private notes are available after approval.