10...
#1
128
declare all or
any.".
is correct.
It follows the wording of the draft Ordinance, and the
power therein to declare "all or
any of the Hongkong Loans
to be convertible into Inscribed
course necessary
in
Stock is of but Ifind a difficulty apprehending the precise mean
ing of the words "all or
any
#5
as used in the declaration itself.
It is important that the Or- 8.
dinances should be passed and
transmitted to
your
Lordship
with the other necessary docu
ments before the close of the year
and Ishould also like to
make
a
reference to the
proposed loan
loan when the Legislative Comeat
reassembles. I therefore venture
to ask
your Lordship to be so good as to telegraph your
decision to me
raised in the 4
15
on the pouts.
and 5th paragraphis
of this despatch: viz.
1) Whether I am at
liberty
ow
in case of strong feeling the subject to mcrease the half.
yearly contribution to the sink ing fund,
extent
and (2)
and if so to what
Whether I may
submit to the Council the
proposal that the debit balance
at the end of
the current
year
should be adjusted from the
proceeds.
黠
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