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Currad. B
Dear Cowell,
22nd November 1934.
Your letter of the 31st October about the final
contribution from Hong Kong towards the cost of the new
Naval Armament Depot at Stonecutters Island:
We are likely to be in a very tight place in
adjusting our totals for Navy Estimates next year. I
understand that the financial year in Hong Kong runs from
the 1st January. Would it be possible for them to arrange
to pay us the agreed contribution either in March or April
as we find nearer the time it will help us best to receive
it?
We have, as you know, provided for receiving it in
the current financial year, but by January we ought to know
whether we can balance our 1934-35 figures without it. If
we can, it might be desirable for the money to be paid after
the 31st March.
Believe me,
H.R. Cowell, Esq., CMG,
Colonial Office, Downing Street,
SW,1.
Yours sincerely,
V min Madely