101
give
locally, its terms and the purposes for which
it will be applied before I could come to any
1
definite conclusion; if, on the other hand, the
expenditure were to be financed by H.M.G. I would
similarly need full information before I could be
committed to it. In the circumstances, I cannot
a decisio on the matter consider this until receipt of the detailed despatch
possiber
ik hag
promised in your paragraph 7 and have been able to
discuss with MacDougall...
3•
ľ 'un haud delay
I will let you have (the results of my discussions
I do not,
with MacDougall, as soon as possible.
of course, wish to prevent your taking any action in
the meantime in connection with expenditure which
has already been approved or with expenditure that
Pensibly
cannot be deferred. I should, however, hope that
you will not undertake any major/commitments until
receiving my gonerał eomments without prior consultation with me.
4.
There are certain points in your telegram on
which I should comment immediately:-
(a)
(b)
It was the intention that the grant to
the Hong Kong University of £100,000
referred to in my telegram No. 202 of
25th May was to be met from Hong Kong
Government funds and I regret if the
correspondence conveyed the impression
that this grant wastto be made by H.M.G;
Cio
I will send separate telegrams regarding your
telegram No. 499 Redemption of 3% bonds, and
re-instatement of sums deposited with the
Treasury referred to in your telegram No.290.
5. I assume that detailed estimated with explanations
will be despatched as soon as possible by air mail.
6.
I presume that you have considered every possible
step to increase revenue in order that the dependence
Ja jeens from H.M.G. should be reduced to the minimum.
auch introductio
of Ricome Tax, mcreasing
duties
liquor, tobacco,
and hey