2

Notes.

[ Stone col

1943/44

1944/45.

55077/427

/9420/5B/43

447

Expenditure.

The amounts are still partly estimated as all accounts of expenditure overseas have not yet been received. In the case of Head 7. 2(b) the expenditure to 31.3.44. was greater than the advance, but only £250,000 will be charged to 1943-44 account.

Revenue.

Page 1. Head 5(3) Transfers from Exchange Fund Income a/c. Income for 1943/44 was £494,180 which was supplemented by £197,820 out of the accumulated balance at the beginning of the year to make total transfers of £69?,000 for the year. For 1944/45, on account of redemption of a holding of £4 million Govt. 5% stock, it is estimated, income will amount to £350,000 only. The accumulated balance to credit of this fund at 1.4. 44. was £31,557 so it appears that at the most not more than say £380,000 can be transferred this year.

Expenditure

Head 6.3 See Revenue Head 1.4.

Head 6.4(a). See Treas. F 18007 of 31.8.43 approving remittance of Petacas 100,000 p.m. (£6, 700)= £80, 400 p. a. and F.0. to Lisbon No. 774 of 26.5.44 (copy sent to Treasury,) authorising additional £7,000 p.m. = £84,000 pa. : Total (say)

£165,000

Head 6.4(b) See Treas. F. 7183/099 of 8.11.43 and F.O. No. 636 29.2.44 to Berne (K. W. 53/17) regarding an increase in the monthly remittance to £15000 p.m.-

-

-

Head 7.1. (a). This applies to relief to Colonial British subjects other than those of Portuguese race provided for under Head 6.4(a).

Head 7 2 (b). Say $40,000,000 at C. N. Ø

/53611/4/437

Head 7.3.

Head 7.4.

Head 8

55093/44

160 = £1: £250,000

See Treasury letter S. 49715/2 of 19.11.43.

Token figure; ses letter to die Wilcox osudy,

July 1964 (5510448644 )

Treasury

(see covering letter

5.

49533 11 43.

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