wrong of him to suggest such a declaration. The conduct of Government in these matters should be above reproach. Mr. Emanuel's suggested alternative formula (for which I think he deserves our gratitude) is not open to 'this objection as it is purely a statement of fact.
I suggest that we should write to Treasury as in draft, to which I have made an addition at the end in the light of our general discussion withthe Treasury last week on loan policy.
7.32.
6.12.46.
15
1/1 30 Buy 101/2000
31. From Hay Korg. til 1619.
299 endo
cons
17
12.46
7/12/46
眇
I
Yoor. H.K..
tal 1450 Searl. ame. 19.12.04€
33. D.R. Surpell
5.52892/04
31-12-46.
Mr. Emanuel.
Vishow of
eth Palmers sence I ave sending this to
you
16 Se
33
1
Rabackarned. 14/1
i
A further letter is promised, and I have
asked Mr. Serpell to expedite this.
The suggestion in the 2nd paragraph is already
covered by the Ordinance submitted by the Crown
Agents at (29).
The suggestion in the 3rd
paragraph is quite vague, but I have discussed
m'
M
both with Hicks of the Crown Agents and Pudney,
we are all agreed that there is neither precedent
I have told
for it nor any point in it.
/Mr. Serpell