529
the proceeds of remittances from the Crown Agents for the proceeds of the Loans - foregoing interest on Balance Exchequer were applied towards discharging liabilities.
I apprehend that owing to the sensitiveness of now fixing the datum rate of Compensation to exchange sterling drafts drawn on London at a fixed rate, say 3/4d. or thereabouts, the results will, doubtless, prove better than anticipated. Although in many Undertakings, Capital outlay has not yet begun, phasing appreciable benefit from the war, there is a tendency to defer expenditure at home, and theirs setting off the current Balance of receipts for Capital Expenditure.
6.5.95
M. Janfield
See my marginal minutes above. May I discuss this further with you on your return to Office? Meanwhile the rest of the questions raised may be disposed of apart from this gut.
7/3
in pursuance to the Hally Porti.
As the matter of accounting to the outlay and receipts in Connection with the Taipingshan Resumption can stand over till I return, I have
8.3.95
Nuts
257
529
the proceed of rémittances from the
(room Agents of the porced of the
Loans - forgetting thinte Un Burne
Exents
were Affiling Aure (nored
& discharging
I aprec
ALS
to the semionibility of now fining
the damne rate of Compensation to exchange titti
Strything list Savants as 5 there of the
15
Shorts. The resume will, d'ahin, pun
better than Sotionated. Althurugte en meny
Un indrent Cistilities
not get han phing appreciati
buefit from the war/
a bendency to
there
isane tän
Meny Fing
A
defert
of the folrary at home, and theirs
setting phe the current Benene
receipts for Capital Expenditure.
EZ
6.5.95
M. Janfield
و
See my marginal minutes above. May I discuss this further with you on
Jour
return to Office Meanwhile the restefother questioms raised
cess be disposed of apart from this gut.7/3
iis puprance to the Haly Porti.
As the more of accounting to the
outlay and receipts in Connection with
to Taipingthan Resumption can
Stand om till 2 retin han
257
8.3.95
Nuts
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