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I think the H.A. Govt.
are rather down upon
these: Promoters, and are partly influenced by a
desire to deal with the H.K. Hotel Coy., 21343, last par. However we cannot thrust the present scheme :on the: Col. Govt., since we should be taking too great a responsibility for the financial position of the Company which was to carry it out.
I think we had better give the substance of this
to Mr. Williams and say that in view of the ‘atti- tude of the Col. Govt. Mr. Long can only approve the cancellation of the Agreement.
For Buske.
i
Arc
12.11.18
brat itu ia
The agreement itself maker provision for concellation, subject to the opperval of the Lag. Commit. der approving the day. to. introduced a Qualification (that the beamsters should satisfy the fort.
ability.
do.
to financial.
This they have failed. G I presume that forr.
are
Entitled to refrere to proceed !?
ве
کی کی برکہ ہے کہ
Mr. Grindle.
It is quite pertable that if
221
the Agrement is cancelled
as proposed the flom stew, will take it lying down the lune will be heard of it.
to Lovere it is fasible that they would fight
I think we std : Consider the position carefully.
# Jon Foint out there is to provision for Cancellation, but the effect of Lance 36 is Aluake the Contract ineffective until appetitte $18 Degislative Council.
The she had intimated his unconditional approval, which has been communi (ared lotte
Funsters.
The Legislative Council have appromilutied to a Cadition.
as soon as the tondition
The sauce to that as soon as 15 fulfilled by the Promoters they can be force the Aflecenent.
| whats
Mo time limit was fixed lytte Leps Comcil
whatsoever.
Now if the fort. pacceed to "Cancel" the Dromorers will, seph that of there is to provision therefor && tear the aft: is afford Subject