I do not think

it is WC.

correspondence on 94625/31. 1 do not know whether

the Straits controversy is also of a nature to be referred to arbitration and ripe for such reference, but clearly if any such croposal is made it may develop into a general investigation. (We should, however, guard against the general question of the Mauritius contribution being referred to such an inquiry. We want to reduce that as a matter of

urgency.

My inclination is on the whole towards (c).

After we have replied to War Office the other Easter Colonies should be informed about the

new rate of allowance on capital expenditure, if

5 1⁄2 %; &

accept

interim reply.

• H. K. should have

a

souther

5. Cauie

12.5.32

I am inclined in the first instame to

rand a copy of th

the W... letter to its

to its Kong reay the 5.5. will be glad to have their obrous; &

after despatel has gone,

that, in view

ark D.CA. if he agrees

of WD. attitude in pary. 12, it would

be desirable to institute a separate fund for land

rales vertunt,

to charge of all investments to it

of

pay interest in investments J.A. Calder

26.5.32

he beey

befine cod. probably

into t

The was

well-adviesr

65

acept

offered:

feel

tos

thei

stunger.

15 Larry

Hong Kong

But

thew

in

arbitration

Case

every

with

Las

ove

if

the

the delay

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