Sessional_Paper_1918 — Page 35

31

No.

4

1918

HONGKONG.

EXTRACTS FROM TREASURY MINUTES DATED 31ST DECEMBER, 1917, AND 9TH JANUARY, 1918.

Laid before the Legislative Council by Command of His Excellency the Governor, 23rd May, 1918.

TREASURY MINUTE, DATED 31ST DECEMBER, 1917.

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1 in 3-406:17.

The Chancellor of the Exchequer reminds the Board that the further gifts recited So below have been made to His Majesty's Government by

certain British Colonies and Dependencies, to be applied in the prosecution of the present war.

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Hongkong-The Legislative Council of Hongkong, by Ordinance No. 12 of 1916, passed on the 20th October, 1916, made provision for raising and has raised locally a loan of $3,000,000, the entire proceeds of which have, in virtue of the same Ordinance, been placed at the disposal of His Majesty's Government for the prosecution of the pre- sent war. The Legislative Council further decided in January, 1917, to contribute $2,000,000 from the Colony's revenues for Imperial War purposes.

The Chancellor of the Exchequer states that, in order best to meet the desires of the donors, the sums already received, except so far as otherwise specified, have been paid into the Exchequer for application towards the general expenses of the war.

My Lords approve.

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Their Lordships thanks have been conveyed through the Secretary of State for the Colonies to the Legislatures of the Colonies and Dependencies concerned but Their Lordships avail themselves of this opportunity to place once more upon record their appreciation of these spontaneous and generous contributions towards the expenses of the war.

Let the necessary directions be given accordingly.

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Let copies of this Minute be forwarded to

the Secretary of State for the Colonies for transmission to the Legislatures of the Colonies and Dependencies concerned.

3174117.

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TREASURY MINUTE, DATED 9TH JANUARY, 1918.

My Lords read again paragraph 13 of Their Minute of the 31st December, 1917, Cso with reference to the war contributions of the Colony of Hongkong.

C.8.0.

3352/14.