5
4.
Govr. 594
5th Dec. 1933
Acko N° 9 on 13789/33, requests Army Council be informed regarding disposal any ultimate surpluses of sinking fund raised under the Ordce not bing subject to assessment to military contribution.
5. brown Agents (A/1138)
5 Dec. 1933.
Acko N. 7, agrees that in the cres, advisable defer consideration of esire of a notion of redemption of existing sterling stock & dixcisses proposal of
rasive local loan at 4 for cent mitérest
M' Taylor and not
fú
loan
R
redemption
suppose
That
sterling
w" be likely to form part
mary emmets
finally be decided upon
which may
under
the
Bauher
/
proposals for
Pocal
borrowing; but
the
You's elegan with (i)ite frure
の
f 15-mmtion
as the amount
I be raised in the first instance
(2) its supportion to defer por
Sex months
sterling loan
the redemption of the
10 Suggest
Seems
To me
and
That they do still.
contemplate associating the two operations
Of bel. herewith which we the follow up by a despatch
putting the
comment
No 4.
Trown Agents.
in para 3 & NES.
Reens for letter h Nar