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itself.

16.After

er full consideration

19

therefore I have come to the conclusion

that the best course will be for the

continue to

Hong Kong Govt. to issue leases in the Λ

New Territories on the most reasonable

ころ

I am not sure

that it

lais

was intended to

say

at present ? Botter

heave it till the occasion

Hlory

arises. MB.

Omit. If they protest

They will do so through

the diplomatic channel

G.G.

78

107 317.20

business terms, on the assumption that

future

the Govt. of the New Territories,

whether British or Chinese, will always

be such as will administer the

Territories in a business-like spirit.

In arriving at this conclusion, I am

not unmindful of the possibility that

protests may be made by the Chinese

authorities if it should come to their

knowledge that leases have been granted

in the New Territories which purport

1

to nure for a longer term than the

unexpired period of the lease from

China.

To any such objections, however

it will always be open to H.M.G. to

reply that these are obligations under-

taken in the interest of the New

Territories which H.M.G.must insist on

their

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