2. A., E. Collins 24ver 1925
Mr.
Mr.
Mr.
Mr. Strachey.
Sir J. Shuckburgh.
Sir O. Davia.
Sir G. Grindle. 24
CWilson 149.
Mr. Ormsby-Gore.
Mr. Amery.
aforce
coded out
of
6:30 pm 24 9 10-
DRAFT. TELEGRAM
7
gent
SINGAPORE,
copy to Tuto. Mercer 5.0. Cons. 24 SEP 1825
1.
Continuance of boycott directed
from Canton is causing very serious
financial crisis Hong Kong. It is urgent
that steps should be taken to restore
confidence and increase supply of money
Governor urges strongly that
available.
His Majesty's Government should lead sum
required up to three million pounds though
less would probably be required as
intervention from here would restore
confidence and bring out hoarded money..
Loan would be used for loans on approved
security only and there would be bo
possibility of loss unless Hong Kong is
absolutely ruined.
There