Portsmore's letter for making
an exceptions
not apply 17
do
Case
of the First Issue
of the
in the equally to subsequent me
immer
same
subsequent loans of the same
and
However,
type.
assumin
9
that the Bank of
England decide they cannot extend this
Concessio
and
assuming
bran
that the Governor's
reading of the position (vido 5) is carred,
then it follows that the remaining suver
이
any
-)
the Rehabilitation hoan (HK$100M) and
further loans it
vasse
may
be denied
for development schemes, e
Tai Lam Chung Reservoir,
fact. In
Governor
conveying
this
are
8.91
bound to
information to the
shall also make it clean,
at least in the
Care
of Tai haver Chung,
that it is unlikely that he will be
loan in the London
able market and that
to rave
we
know of
no
alternativ
source of finance.
This is not
I think
acceptable
situation.
and
the
next step
should
perhaps be to ask the
Economic Deversion what
solution
we
should seek
seek?
Bradford
་/་
(This point in holding up
communication in draft
financial min
on
despatch of
a
53687/48 about the
invited in the Taiham
Chung Scheme. Vide
pp. attched)