48

End

10808.

See in this connection my telegram No. 285.

therefore there seems little possibility of a loan from sterling sources in present circumstances I will look into these two pointe 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,

Copies sent

Bank of Englača Treasu

**

$ 8 3 7

Mr. P.J. Portsmore Mr. W.A.J. Merehell

Mr. A. Mackay Hr. Moberly

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