the t_stimates for 1951/52
Incondusin
5. Lastly,
in view of the arguments addured
acceptat
in
para
10 of your despatch,
I
frally agre
that as
from the 1st April, 1950, interest at
the rate of 31⁄2 % per annum
[pain 9 of (1)])
your proposal
shd be charged
on the maxium
an
on the combined Suspense past of the expenses of the
in the trading accounts monthly balance Accounts Aupt.,
as
that this interest shò be
credited to general
revenue.
I have etc.
19
(Signed) J. GR.PFITHS,