Mr..

Mr..

Mr.

Mr.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

.78

DRAFT.

Omit

Mr Buckle, in the statement

encl: with your letter, raises the matter

of reparations from Japan and the monies

collected by the Custodian of Property

in Hong Kong. Proceeds of sales by

the Custodian of unclaimed enemy

property are held in Trust Funds.

However, until such time as the Peace

Treaty with Japan is signed it is not

possible to say how such funds will

be disposed of or to what, if any,

Saved

extent reparations will be avaiable

A

to meet general war damage compensation

claims.

Ir Buckle also mentions

the lack of a Hong Kong War Damage

Insurance Scheme. Such a Scheme was

not introduced because it would not

have been acceptable to the Colony

generally.

FURTHER ACTION.

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