wi di working. the wish & fative

and the

Sterling contracts his

i inevitable J

Yours may T. Eyour

for. M. Johnson, In

༧༣

The Colonial

"donial f'ce

S.W

DRAFT.

Mr.

Mr.

MINUTE.

Johnson 2575

Mr. Just.

Mr. Antronus.

Mr. Cox.

Mr. Lucas.

Sir F. Hopwood.

Mr. Churchill.

The Earl of Elgin,

Alling 36041

26

Dear Antyoung,

Your

206 26.

hov 07

798

Many thanks for

letters of the gtt a

10th ist. Jde memoranda as to the valuation of the # Kong has hund. I

I have been

am sorry

unable to answer

2. As to

코,

memory

Я

Jooner

your first

agree with

what you say

*% 283

in prava.

1. I and 141, but as

Lara-4

}

البلد

ما

I cannot accept

the assumption that the

་ ་

rate future rate is not

likely to rise above

the

tate ic

that it is

or admit

safe to

proptoday anything at

all about

the rate of excha

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