Sessional_Paper_1935 — Page 72

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HONG KONG, 16th February, 1935.

SIR,

On the 13th July, 1934, we were appointed by Your Excellency under the

Public Seal of the Colony:

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to enquire into the causes and effects of the present trade depression in

Hong Kong and make recommendations for the amelioration of the

existing position and for the improvement of the trade of the Colony".

We have the honour to submit herewith our Report.

We have the honour to be,

Sir,

Your Excellency's most obedient servants,

His Excellency,

Sir WILLIAM PEEL, K.C.M.G., K.B.E.,

Governor,

Hong Kong.

M. J. BREEN, (Chairman),

A. BREARLEY,

F. A. JOSEPH,

C. GORDON MACKIE,

STANLEY H. DODWELL,

V. M. GRAYBURN,

G. C. PELHAM,

T. N. CHAU,

LI KOON CHUN,

W. N. T. TAM.