the bonds there

would h

A

reduction of

interest from 5'1⁄2 to 424 of. He quite

agreed

Kibis.

A. E. Collins

30 SEP 1925

Si Newton Stable's offer is a stricthing

proof of the financial

Me

to financial vorendness

of Mr. Collins' proposals

d.

complete viestification of the

action taken on

his

advice..

G.G.

30.9.25-

"Beco Blate

Infere with what birfilbert

frindle says

and I fully

appreciate the soundness

Ins Collins's advice in the's

matter.

30.9.15.

14

3.

TELEGRAM from the Governor of Hong Kong to the Secretary

of State for the Colonies.

44081

29 SEP 2945

Dated 29th September, 1925.

(Received Colonial Office 11,42 a.m. 29th September 1925.)

Many thanks for your tàlegram as to financial crisis which has had wonderful effect in restoring confidence.

245~295 Before answering your telegram of 23rd September which

I hope to do in a few days should be glad if possible to know what interest will have to be paid on loan.

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