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53.
Mr.Robert Morgan. To ask the Under Secretary of State for the Colonies, whether he can make any statement as to the political, financial and economic situation at Hong Kong ZWednesday 10th July./
oralreply.
323
July, 1940.
DRAFT ORAL REPLY
TO MR. ROBERT MORGAN, M.P.
UNIONIST, STOURBRIDGE.
Wednesday 10th June.
While the evacuation of
British women and children and other
measures taken in Hong Kong have caused
some natural feeling of disturbance,
the population of the Colony on the
whole remains steady.
Trade
statistics and revenue figures
according to the latest information
are buoyant, although there are at
present some difficulties in finding
cargo space for shipment of the
Colony's miscellaneous exports. The
Government has also improved the
position of its liquid reserves to the
extent of 6,000,000 dollars by a
recent flotation of the balance of a
loan authorised in 1934.
The cost
of living regrettably still shows a
serious
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