32

I sent you a copy with my letter of the

29th January? There is apparently a

considerable volume of local feeling on the

subject of the Colony's claim to assistance

from the U.K., and the Governor says that

there can be little doubt that the manner in

which a settlement is reached now over this

question will influence the unofficial

attitude for years to come. The goodwill of

the unofficials will become increasingly

important to us in Hong Kong, especially

if our political difficulties with China, of

which the recent Kowloon incident provided

an example, increase and intensify. Indeed,

we might find from this point of view that

whatever assistance is given now will prove

to have been cheap at the price.

6. Bearing these considerations in mind,

the proposals which we should like to put

forward for Hong Kong for sympathetic

consideration are:-

(1) The waiver by H. M. G. of the repayment

of the £3,250,000 which has been

advanced to Hong Kong by way of loans

in aid of administration. This would

involve the retention by Hong Kong of

receipts from the sale of relief

supplies, purchased from Hong Kong

Government funds with the assistance

of the "loan in aid of administration"

(2) A free grant to Hong Kong of (say)

£5,000,000 provided that Hong Kong

accepts as a final charge against Hong

Kong Government's funds the various

items of expenditure on the attached

2nd Enal 15 No. 13 as amen

mended,

list which the Governor contends shoul

be

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