discussed it with Mr. Freeston, who tells me
that it would appear a suitable scheme for
submission to the Advisory Committee, and that
8
the sort of assistance which could probably be given would be
a free grant of the interest for five years on
the capital cost of the work. The 0.... G. does
not in this despatch mention the possibility of
such assistance from the Fund. There is to my
mind little room for doubt that the construction
of the new piers and the consequent re-organisation
appear
in new of the of the ferry system essential if the develop- Scarcely tolerable
conditions under the existing system ment of two Colony is not to be satiek, but
before approving the course proposed by Mr.
Southorn, I suggest that we consult Mr. Freesion more
fully with a view to suggesting to the Governor
that he should submit in the detailed form
required by the Colonial Development Advisory
Committee an application for assistance from the
Fundrain respect of these works of her bour development.
M Freestor sht in
(M
Cale
any
Love the duplick.
ather desp.
un dos combe
1
の
of the suply
10 HK
HK.)
for rent
бил
6.6.30
The scheme is one technically within the scope of
the Act. The objections I see are:-
(i) that it is, to the extent of roughly half,
a replacement scheme, and not a scheme of develop-
ment. This assumes that wharves only are constr-
ucted)
(ii) that the proportion of the expenditure to be
incurred in the UK will--probably--be small. That
is not a vital consideration; but it will naturally
influence the C D A C to some extent.
Page
Page
9
Jagree
4.9.
(iii) inasmuch as the reasonable anticipation
is that there will be ample revenue to pay
the loan charges, and as the construction period,
will be short--say two years--the maximum
assistance which the CD A C are likely to give
would, I think,be somewhere in the nature of
a free grant of the interest,on half the loan,
for a period of two years--with possibly some
slight margin to allow for contingencies, etc.
This works out to-say- 4300. The total grant
is not likely to exceed-say- 4500 or 5000. 2. That assistance, is, however, worth having?
z.
I suggest that we should ask the advice of the
C As,and meantime that we should consult Sir
Basil Blackett, semi-officially. It would be
inadvisable to hold out any hopes of aid until
we had ascertained that the application had a
reasonable chance of succeeding. In my own view,
it is rather on the border-line.
The 11th: June 1930.
11/6/30
my pinion if that riall
inget for the
un
C. D. al.
nicht the delar
it is not nocht
invoren. Should ich the
6-
to punt the intrust fr 5-
There will be years.
the
t
differuelty in raising "Town requires fre untuunt, &c. unles
China improns. condition of
the
age 9
age 9
Page
If I think it might be way autused if expositility for
this town also came
bery
in zymes time. Ifferent Pie H. Blackell
on C. lehe
this bin's gu
thei adrien_
Walter R. Ellis
So proceed?
1/6
But I am suspicious about the existing ferries.
Will they not
have
a claim to compensation?
10
We might inquire by despatch meanwhite
whelle
the Gov. is satisfied that the
-existing ferries will have
compensation
?
no claims for
1.6.0 6.6.
Page
Родне
8.A. 6.
12.6.30.
atonce
a
After speaking to MW. Freesture, I summis Meunandum based in M. Gent's minise of the 6.6.30 herein for reference to fir
B. Blackett. Sunderstand
ge 10
ge 10Page 11