3

Belter over him while

it is still subjūdin

6.8

If this is so he might reply that he does

not feel competent to discuss the technical

questions involved at any rate until the

Hong Kong Government have had an opportunity

of further considering the matter.

? send copy of No.1 to Hong Kong reference No.3 observing that the Company have

now submitted a revised proposal for an

ad valorem tax of 40% instead of the 27%

previously suggested; say that a copy of the

correspondence including his two despatches

of the 14th November is being sent to the

Customs and Excise Dept. with a request for

their observations.

And send a copy of Nos.19, 21, 22

and 23 on 52923/28 and No.1 and No.3 on this

file to the Customs & Excise ref. No.7 on

52923, saying that Mr. Amery will be glad of

any further observations the Board may care

to make.

And inform the Company in replying

to No.1 that a copy of their letter has been

sent to Hong Kong for consideration.

5. Camé

31-1-29

Hougtong

Leem

very definitely offersed

to the

ad

valorem principle though

then groundo

are

not clearly

slated.

Perhaps we may so

for

In-Came

supports.

that

U certainly seems undesirater

hit Rome old be given

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