List of Proposed Expenditures for Present Year Ready To Go To nance Committee Shanghai, Feb, 27.
'N view of the heavy deficit incurred dun 1939, caused chiefly by the fall in value of the local dollar, and the imperative need for economy, Heads of Municipal Departments were instructed to exercise the strictest economy in the preparation of thei Estimates for 1940 and to take drastic steps to effect every pos~ sible reduction in departmental requirements.
The Council's in~ structions. were carefully observed by all Heads of Departments, in collaboration with the Treasuré er, and accordingly the estimates as forwarded for the scrutiny of Committees showed considerable reductions upon the preliminary figures.
The estimates of the Volunteer Corps, Fire Brigade and Police Farce Cineluding Jail) were considered by the Watch Committee in meeting on February 2 when, in accordance with the usual procedure, items of Extra ordinary Expenditure were classified Ju the two categories of (1) those to hich the Council is already com taitted, or which "are considered Urgent, and "(2). those for which, naneial and other appropriation year.
Text read from the printed page and cleaned; old type leaves the occasional error.