The possibility of carrying out hose improvements was due to cooperative effort, close and happy com operation within the Council, the Joyal ce-operation of the murlelpal staff and the good will and general co-operation of the ratepayers and the other residents of the slond The year commenced mosphere of uncertainty and tension due (othe existence of the Fukien revolting armies, but with the defeat of these forces the political situation had improved andthe armies of the government had suc~ ceeded in freeing the province from the Communist menace, The Settlement had remained peaceful and comparatively free from serious or organized crime in spite of the continuation of a great amount of unemployment and sequent financial distress. The had been a total absence of political, social or anti-foreign disorders and no. industrial" disputes had' been reported.
The annual report was accepted and a hearty vote of thanks given the Council and to all those who had assisted it in its work.
Mr. Israel, chairman of the Finance Committee ' in submitting the counts for 1034, stated that he was pleased with the result of the year's working as income had exceeded the estimate to a gratifying degree. The Income for the year was. $167:519.25, against an estimate of $156,940, und the expenditure $169/801.96.
Text read from the printed page and cleaned; old type leaves the occasional error.