A
isho
interest in thong (7% in nomal) it is fairly antain that the Eu! is paying 6%. If therefore it won
new posibl
to borrow money from the Tuasury say
Tuasang
à 200,000 the paid back in Sannual- mitalmenti Leguiming
1917.
ct. probably get the money cheaper than
the Sal is paying.
At the same time I think it with be
heusay
to
(^) cut down the expenditime
out con
(b) & meriere lokation, aughow tumpeanly
i think it must be left of the for to devise
4(b) ut he site toch
s bit
"Ich sanchoring estimate, subject to
itel
sulation
1(a).
(a); say that he shed sundearner
to raise further
vertueu
5 additional
taxation & the t we propose to ask the Thesmy to lend as two on to pay off the bank midsaft.
Confum & darf nnctioning areax pointing out that the finances of It Kong have got into rather
K
tangle.
with bty as to a temporary
Busest.
703
ban.
if pos-
I should like to avoid going to the Treas.
sible. Might we not tel. to the Gov. asking whether
he could raise 2 million dollars locally by the
issue of 5 year Bonds, if so on what terms, and ask
also what he is paying on the Bank overdraft.
Are
23.12.15
I don't think
for gaming
ງ
have any
and at present.
And I or doubt as
to the practicating
Istande, beat we might put
in the in
only be
desp. If he does it, however, it can alte as a pis alles, as it fixes them with the interest
& negatives the hope of riding
for 5 year the deficit overdraft.
Srut 245 fun
tom 24/12/15
I ord bangs empaleme
upholstery
enemerist
Be
Phone
te of 22
Jee.
Coplite.
Form
F
the cafor
rastering
restoring
claphodus s'gray
Additional taxation
ترمة
"jellmonger
Plakeless
seething should subund
undations for
tions for restorin