Assessments, Land.—A memorandwn has been received from the various Consuls at Shanghai of the variations in their Land Offices made up to the 15th May, from which the Municipal Land List is now being. corrected.
Land Assessment Committee—As_yet only four gentlemen have consented to serve on the Land Assessment Committee.
House Assessment Conmittee.—Four Gentlemen have promised to serve on this Committee.
desirable if possible to follow precedent, and have not less than six members on the House Assessment Committee and seven on the Land, and in this connexion the following names are submitted for your approval in order that circulars may be addressed asking them to serve.
Local Post Ofice.—Additional postal station on the Yangtze.
Availing of the recent visit to this port-of Dr. Macartney of Nanking, arrangements have been made with him by which the functions of the Local Post Office are extende! to that port, he having kindly undertaken to organize arrangements ther The subscription subscribers for the current yeara the uniform rate of Taels fifty (Tls. 50) each, instead of at the rates of Tls. 35and Tls. 50 of the The member of subscribers for the past previous year.
year were And for the present year are Showing an increase of Insurance.—Your Committee have directed the newly arrived Martini-Henry Rifles to be insured against fire in one of the Local Insurance Offices for the sum of six thousand Taels (fis, 6,000.)
Municipal Bridge Loan for 21,000 Taels.—With your sanction your Committee propose inviting tenders for chis loan upon the following terms.— able, but no transfer wil i Council until the same has been noted aes Transfer Books.
2.—Tho Loan will be redeemable in not less than five years, and not more than twenty years from the date of the issue, at such times, in such amounts, and in sich manner as the Council for the time being may from time to time determine.
eight per cent. per annum, payable half-yearly, skp te Toes wil oar into oh hata viz, on the 30th day of June, and lst day of December in each year, when interest warrants to the registered owner will be issued.
4,.—Every person from time to time entered in the Register of Debentures, as the holder of any Debenture Certificate or Certificatse, shall alone be ized and treated by the Council as the lawful and rightful holder and owner of ach Debenture Certificate or Certificates, the yearly Mabieipaa revenue are ce sekonity—The property of municipality and for the repayment of the money advanced, and [munici il are not ly liable in any way for the payment of either principal or Land Regulations.—Mr. Yudsumaida has informed your Committee' that a Treaty has been concluded between the Emperors of Chinand Japan, and he has been appointed Consul-General for the Japanese Government at this port.
Your Committee propose placing the Land Regulations before him for the adhesion of his Government to them.
Amounta owing by Chinese Authorities.—The following amounts have been received from 'ili. E. the Taotai, through the hands of the Chairman of the Consular Body: $3,500 as commnatation of Dues on merchandize for the quarter ending 30th June; Ts, 200 subseription to the Shanghai Fire Department for the half-year ending 30th June.
Taxes on Vehicles, dc.—Your Committee have forwarded the resolution with regard to the taxing of vehicles, &c., passed at the Ratepayers Meeting of 12th and 13th May, for the consideration of the Consular Body, who have adopted the came, The proposed additional Byelaw will therefore be dratted by the Council's legal adviser, and submitted to the Consuls as soon as possible, FRENCH MANICIPAL REPORT FoR 1872-3, In submitting the accounts for 1872-73, the Council is glad to report—owing to an increase in the receipts and a decrease in the expenditure contemplated by the budget—a surplus on the lst March of Tls. 16,148.34.
The decrease in expenditure has been effected by the following economies On the budget of the Secretariat...'£2,140 7 Police 2373 7 Public V <2 9812 It must be remarked that this last sum of Tis, 9,312, although resulting partly from a more "economical system of managing the works, arises principally because certain jinportant works contemplated by the budget could not be executed this year, and have been postponed.
The Council nevertheless. poi satisfaction that, whereas in 1871-72 only Tls. 16,437 were spent on this department, 27,835 were spent on public works dining the period under review.
the Council hopes that, despite the probable loss of certain resources, such a8 a sum of Tls. 500 through a modification prescribed by the Consular authority in the regulation ropaniiog Opium taverns, and one of Te, 1,500 through the suppression of a vexations tax ind one difficult to collect, on native pedlars—the resources of the Municipality will none the less continue to increase under a wise and enlightened Administration, and thanks to the zeal and exactitude of the Municipal employ Resumé of Accounts...
Balance on 31st March, 1872... 11,660.
Estimated Revenue $0,048.46
Total 91,709.08 Actual receipts 2 $4,790.47 Balance on lst April '72. 11,660.62
Text read from the printed page and cleaned; old type leaves the occasional error.