Cost of boying out Co.

$1,000,000

Cost gland immediately

nquins by A/M $573,437

Cost of work Kmake land

available

say $45,000

Ik wo. Has have Kpay $450,000

:

.000 odd but could

a good deal

for Bably get

back by letting off land not required.

(They alwady (Hayalwady now

fully will add nat

Wikely to be asked They are Willy to find some money)

675

aulkorised in views

of A/M's reposentations K The qu.

wilkont

without prejudice to the

Jurgency

incidence of

and

cost,

and that if the

wanted it is now up

acro frome is soBabl, wanted

ILE A/M fork coming.

from that the accessary funds

1km facilitis

16

are

We can also point out that

an

riguing not only in connection wilk the defence fitong kong

Sut

also for the portection of British subjects in China,

and

to

We ought

compromise

a

link in

Imperial

Ichain.

at least 18 able to secure a

A/M will say

unde which if 1k Says out the Co.

14e land

HK and pay for

Even

work I priparation, equipment, an will mean large expenditure from Colonial funds.

Juggal

a

confence

Lazy ifia of A/M

because we

"Lave only

attilüce lowanks cost

么么

and we cannot afford Sclay Becana the thing

Loan

Mun on scheme is waiting.

L

Than is

which is not at all char

anothe point which is

сосеб Ili ground

also

viz.

a

be rented fr. the to. with-

17

an option to purchan at the end of a given period?

shows that we may yet have difficulley with Japan

No 9

Palkitabuck

18/2

The treasury will have to be brought in

Looner or

lalu

2

inclined to

ал

ajece, however

mth

is

to settle

nothed

In Cluttubuch

that the first thing

with A/M what is to be

for, and not bring in Treasury

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