No. 769.
& Treas (14)
7 May
5
Sir,
29 DEC 1939
13
GOVERNMENT HOUSE,
HONG KONG.
15th December, 1939.
54023/39
13
I have the honour to acknowledge the receipt
of your despatch No. 449 of 28th November, 1939, regarding
the loan of £10,000 to His Majesty's Government by Sir
Robert Ho Tung.
2.
Sir Robert Ho Tung in compliance with the
second paragraph of the personal letter to him from
the Chancellor of the Exchequer has forwarded to me
SENT to Aces, the enclosed cheque on the Hong Kong and Shanghai
ACTS, LEP
Aurie
16.
o
? The idea wa avoid double excha- mge Aransactions.
But loss of
inter-
esl during transit might have to be
set against this
NITS
Banking Corporation, London, which I have endorsed
for credit of His Majesty's Treasury.
3.
As the cheque is made out in sterling
I have not followed the procedure indicated in
paragraph 2 of your despatch, which appears to
contemplate the payment of the loan in Hong Kong
currency.
I have the honour to be,
Sir,
Your most obedient, humble servant,
6. Cns. hattest
Governor.
THE RIGHT HONOURABLE
MALCOLM MACDONALD, M.P.,
&C.,
&C.,
&c.