!
I have been unable to obtami Hi W.1. Hp.
refence to which I understand have been
comidand
in Seal. Dept.
286
and subject
anything
reveal,
may
Prima facie Lowever,
which the papers when available
it seems
Kal-
(a) this is eminently
dinch loan fr. Col. Saubt.
a v. Shah Jaha
a Ch
for
A
£350,000 seems
for which logo 16th open market
(b) Ikan can be no
qustion of the
security not being good enough for CA. Sorts.
(c) to place it privatily would seem
hanchissey, except in
the assumption that Bither the Iban is too large for Cad. Sorby (which
that the security is
is sure!, wit the case)
questioned and that that is not thought good enough for Cot Eats is thought good enough for the outside world (wh. would be quit indefensible).
KIL
an have anolli bad
Another argument against going Open market is that if year in 1927
Scal
it me
haxt
Taga out position if
may be necessary
year.
LAR
A shot kim
And we
Is Somae on a
might prejulien
count to the market now.
curring
would I imagian
be quite suitable for this / loan. but it wil be
necessay
iconyult Sov. as I fituit. I Suggsh
Khat these for posals might
ist conveniently on