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Mr. Mayle
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Mr. Rundelin x Mrfritters of
Mr. Seve Semanti Mr... Guell Barnes
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Permt. U.S. of S.
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Your Reference. BY HAND-
DRAFT.LETTER.
D.B. PITBLADO, ESQ.,
TREASURY.
FURTHER ACTION.
Dear Pitblado,
February, 1948.
Hong Kong Financial Position
In my letter of the 29th January I sen
you a copy of a despatch from Hong Kong and
gave you rough figures for that Colony in
connection with the meeting held let
Saturday to consider Malayan proposals for
assistance from U.K. funds.
2. I think it was agreed at the meeting
that it would be useful if we could send in
our proposals for Hong Kong quickly, so that
in they could be considered en conjunction with
those for Malaya.
3. Before setting them out, I would like
to emphasise that they are based on two
important assumptions, namely
·
(a) that it is eventually decided that no
compensation should be paid in respect
of war damage in Hong Kong except where
there is a legal liability, and
(b)
that Hong Kong should not be called
upon to make a contribution towards the
M
A
cost of military administration.
4. There is the further general
proposition that with a final settlem
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