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loans. See in this connection my telegram No. 285. Will186 therefore there seems little possibility of a loan from sterling sources in present circumstances I will look into these two points again and will send a fuller telegram on them as soon as possible. In the meantime I should be glad to receive your comments on paragraphs 1 to 9 above.
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Mr. F.J. Portsmore Kr. WoA.J. Marshall
Nr. A. Mackay Mr. Moberly