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Tese proposals have been exandned here, and it is considered that the situsti a wuld best be met by the Delony retaining the present loon of (9,378 and by the main of a further town of 9,37%, to be interest free if rejaid not 1ster than the end of two, the present loan sis: e ntiming to be interest free beyond 1983, if repaid on the war j-te ma, the proposed further loan,

e chuld be

13 to ice shother y u aprove this

Yours sincerely,

(da) wilt. Formay

ruitagem náth,

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