[7713] Wt. 40552/714 50m 2/48 C.N.Ld. 748

C. O.

Wallace

Mr.

Mr.

10/5

54403/48

5

60

13/5 minuts

Mr.hu 13/5

Handing

Mr. Side bothe

Mr..................................................

14/5%.

DRAFT.

D. R. SERPELL,ESQ., 0.B.E.,

TREASURY

Your Reference.

(3) m'u) file

FURTHER ACTION.

Ricine & in. Wall

ry (1) pora. 2 7 minute 2145

(?)

An. Hundillon'

minante 7.1315

Permt. U.S. of S.

Parly. U.S. S.

Minister of State

Secretary of State

In th. Wallan's signotte

Ands. (7)

Dear Serpell,

I send herewith a copy of Hong Kong despatch No. 244 of 23rd October 1947

together with a copy of its enclosure.

The despatch forwards and commends for consideration proposals of the Hong Kong Colonial Development

and Welfare Committee involving

expenditure of £500,000 from Hong Kong C. D. & W. allocation of £1,000,000

on agricultural and fisheries schemes

for the New Territories.

2.

These proposals have been

examined here and, subject to your

agreement, it is proposed to reply to

Hong Kong as in the draft despatch

attached.

3. The Hong Kong Report appears to have been drawn up on the assumption that development expenditure must be limited

to the amount of C. D. & W. assistance,

it being stated in paragraph 3 of the despatch that "the Colony has no

foreseeable means of supplementing

Colonial

Page 60Page 61

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