when that income may be subject to violent
fluctuations owing to changes in the value of
the securities held, and when the Colony must
still--as explained--look to the Exchange Fund
for assistance if the Colony should experience
11
acute financial difficulties".
3. I think we should let the Treasury have a copy •
I doubt whether they will like it!
The kist: arch, 1939.
6
21/3/39
action as perposed with copies of coverponden
Khin Treasury.
Hom
21.3.39. alonen
You will
14 Rerewith Gee7.
вени
ainmyst atten
projects for the utilisation in
due course
Surplus
The Exchange
Fund
that the Trearmy
Ihunstore suggested that is the
'be reserved fo
hewards
China M
り
a
contributin
a possible kuchers from
An
improns Anure
the New Teintons.
2813
اهره