28
forward
witho some witèrest to seeing details
Groot. Gading! the supluser realised on
5.
Subject to comments (23) can
think be put by. In Boudillon + Mn
Side bothain may
Care
تھا
see.
୨
>
18/12/50
It is the right policy
create a Development Land
Lund
18 help
weet
especially
two
Cange
future
geveral
Corkpencer
labelites
levense
balance
resis lance
65
would encourage
higher texation. When there funds
und
Excess
loan expactive
final expenditure
سن
we
are
set up
is charged off
should get.
picture of 14 praveral position
Haemer
食
Facer
(23) discloses a satisfactory position & I need not add to the comments on it contained in Mr Fairclough's & Mr
Palmer's wenates above.
Unfortionately, lower, the Amexcon & Conadion action in probattery the morment of cargoes
t
H. Kry,
Mecas & China
is bound to have a very snow effect in Hong Kong's
trade
& this in turn will affect its sinancial position. At
present all American & Canadian trade all H.K. has been
stopped but when the new amangevents begin to work it
still be primble for some trade to be resurned provided
the goods do not go
to China. Nevertheless the economic
may
blockade of China is bound to have a emediable adverse effect a H. Kay's financial position. We have always been afraid,