that the proposal of an
aquee
Fund applied
من
as in (6) is
The Hiki lagislative should
6 mistake the funnd as
which
4
Equali
prudentome.
however
not be left
a source
until completely exhausted,
precludes any proposals for increased taxation which budgetary needs may
reuder necessary.
(We are
familiar
with the resoluté obstinction to tax!
in that Colony)
Рама не
9(6) -
while the Cow, has no
doubt considered his "Liquidity" "position
in regard t
so lange
mitial
contribs when
as $100 million ve
roughly
(Copy attached)
X
one-half of the General Revenue balance, he night, I think, be advised
_
examine that contl" again, in the
من
light of the ingredients of
his
suplus balance, as based upon Para Ht. of Circ Desp. Noz of 10/1/51, from the remaining half, buck purchases
must be financed I am
such anche tes
niformed
tak
reache
Seasonally
A much
as $80 milliin!
منقفسه
Para 8 of (6) -
The proposal to
credit the balances referred to 65
the Equaliz= fund is, in my
acceptable.
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