subject to the combit the For.

dinct

concen

The Hoop. and an

gensally

control

It is

ков шиба 56

J

Ownu

have pows

Kleur

herney

On

a

this advance is chaty

9819044

the divelas

mortgage. Sub

different caligoy

and appean Khave been made without security.

3.

It is hard, inprising

it should be accesary

and

up the affair Sivl. Clementi was

in the cins. that

Scrive means

lhi action taken

I think the bat

Bhush

by

way

of meeting

the difficully.

Frit

? approve action taken fora 7

бил

vay

be possible

that soft hopes that it will loobtain repayment of the sum

outstanding and that he sh5. report forther

If these hopes

an not nalised

that the accts. of the Trade Loan an

Schiebed.

[Jay

Lilt concara

that sys

as from the moral espect

by

The Time

finally

ricar

the Transaction

not so much from the political

<enfresser, since he realises that Sir E Jlübbs Las not then meined the inchictions courcyed

thin the Sofs: tel. of 9 Oct 1925 (45200/25) ( omile? assesshom it is [forstonnely] unsatisfacting that

the leaders

the Chinese community

shr. have

beens Blami an

of this native from

especially so

a

afrance

Incorporated unde the low philol Charitable Institution and when no security was ferd. Sos

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