54126/4/47
Your Ref:8.52892/04
IMMEDIATE.
Dear Serpell,
Colonial Office,
Downing Street,
8. W. 1.
9th May 1947.
112
48
I enclose two copies of a telegram No.622 from Hong Kong suggesting that the loan ordinance should make provision for raising a loan of $150 millions instead of $100 millions sanctioned in our telegram No.1079 of 16th October 1946. Owing to a mischance this telegram has only just come to me for action and the Governor has sent a reminder.
'I am, therefore, sending you copies immediately in advance of our consideration of the telegram. In view of the unfortunate delay which has occurred I hope that we may be able to agree our reply to the telegram in discussion as soon as we are ready and I will telephone you in a day or two.
I am sending a copy of this letter to Hicks.
Yours sincerely,
D. R. SERPEL
50. 0. B. E.
(H. PALMER).
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