536.00/28

-,--

CONFIDENTIAL.

ज्ञाना

DIEU

MON

DROIT

Colonial Secretary's Office.

Tong ong.

13

1/16

19th December, 1938.

Dear Boyse,

3 0 DEC 1933

May I refer to my letter of 6th December

in reply to yours of 21st October No.75176/38 on the

subject of banking legislation. We received on the

following day the Secretary of State's official despatch

of 25th November which makes certain references to the

Palestine Ordinance. No copy of the Ordinance was,

however, enclosed and we should be grateful if copies

could be sent as early as possible. If they can be

spared we should find half a dozen copies useful.

2.

We were also a little puzzled by a passage

in the third paragraph on page 5 of the Memorandum

enclosed with the Secretary of State's despatch. It is

a passage reading "accumulating interest is not of

course essentially money of this kind simply looking

for the most favourable rate for the moment". Judging

by the context it would seem that the sense is something

like" accumulating interest is not of course the object

of money of this kind which is essentially money

looking for the most favourable rate of the moment".

Would you let me know if this emendation is correct.

Yours sincerely

S. Came

V.H. Boyse, Esq., 0.B.E.,

COLONIAL OFFICE,

LONDON.

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