To WK. hording explaining the point water & C angusting that this fronten be follmed in falen. bubject

6 h of Ma

Chantin

25/0/26.

Mr Walker

Ment

DCA

I assume form

d

reference

Aud

ccounting thot sanction in your report

I from hob

1934 Accounts of that the expenditure of

$14,011,067.30 has been authorged

the isime of $14,000,000

#

on

that

instalment

is only

an

of the loan.

If that is 20.

Treasurer is simply

kicking against the plain devections in Col

Regr 281

that expenditure in anticipation of receipt of loan monies must not be

charged

as

enaggiates

an

loan expenditure. I think he

the trouble entailed in opening God.

Advances suspense account,& suggest be told that it is incorrect &charge

loan expenditure payments which are not

made from loan nonces received

in accordance with Colleg 281 such

• that

payments showed be charges temporarily k

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