18
{S}
4)
19883/17/49.
Colonial Development and Welfare Act for the first
stage of the process of mechanizing the Hong Kong
fishing fleet. The proposal has already been approved
in principle at a discussion with the Treasury held on
29 September, 1949, and the form which the scheme
now takes was suggested to the Governor in the
Secretary of State's despatch to Hong Kong of 21st
October, 1949.
76. The usual financial summary is attached.