Hong Kong

review thank

bound

Liam

us in

every quarterly

the satisfactory position is to deteriorate soon, &

it will now Canton has

it seems to

sworkę.

me to

but

perhaps fallen; or all largely

Para. 7 is interesting

indicatim

mul

that HK are

an

are withing

(20) من منة:

suggestions

reasonable frame of

3.

how see (alby I

of

Done

της

1

4

mind

A copy of (21) is being Cicaments Dept. pp. i

action.

Ive still have to

و

mi

to

dealt with

will keep track

think about

the

don't

'follow-up' despatch to (16), but

think

L

car

until we

usefully say anything

get further with

to reinforcement costs,

alti

the

а

the contribution

which

financial position

may completity

A copy of (22) shed. go w/ comps to

Mr. RB Moberly.

The postin

Kvenn

17/11

is of

even

course

No.22

better

thun

und cated

No 22

dver

not

17

•X' excluding

Ames; grant

include the f I mellion

($16, woove) refered to in No.21

interesting

beliveen

کام

record

the

of

It's estimates

and the actual receipts i

J

1906-7 1947-8

[£7039,00 ($120) 1948-9

1949-50

It is

defference

مسعد

Eshmales (Smith) chines

57

110

150

82

X

152

164 (91 (excluding Handso $16 grand)

The actual

revenne

very difficult & estimate

is

a large dependent upon

J&Ki control.

195

(a) 200 (seems likely

to be the

Mancomum amorent

must be

Dence

revleme

factors octade

Haener

1714

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