write to:-
The Under Secretary of State,
Colonial office.
56
sir,
I am directed by the Lords
Commissioners of His Majesty's Treasury
to request you to inform Secretary Sir
Philip Cunliffe-Lister that The ir
attention has again been drawn to the
question of remittances to and from
Hong Kong, which formed the subject of
correspondence ending with Colonial offic
letter 18783/24 of the 24th April 1924.
Recent correspondence on this
subject between the Financial Adviser to
the China Command and the Treasury Chest
officer, Hong Kong and a statement of
their monthly transactions of the Treasury
Cheat at Hong Kong for the last 5 years
have been communicated to your Department
and were discussed semi-officially on the
5th instant.
From that summary, it will be
seen that (apart from Army receipts and
payments) in recent years the Treasury
Cheat has had to raise Hong Kong dollars
to the value of between £600,000 and
£800,000 a year for the needs of the Navy
and Air Force. My Lords understand that
homeward remittances by the Hong Kong
Government during a corresponding period
have