CO129-466 - Individuals - 1920 — Page 661

C.O

5117

11 The Drive RE

657

(Rm 29 JAN 20!

Golders Green. N.W.4.

28th, January 1920.

As to the rate of exchange refer him to our let-

ter of the 27th Deo. Say that the Gov. will not

receive our deap. sending out his letter till

towards the end of the present month, but that

we will then ask for a tel. reply if he

desires it.

As to the last par. but one send him

copies of our tel. to Gov. on 73751 and of the

Gov.'s reply, 3044, and call his attention

to the distinct understanding that if the

satisfactory Promoters fail to complete arrangements for

financing the scheme by the 2nd of April

the Agreement will be cancelled.

At once

A.5.0.

3.2.20

In copying our tel. on 73751 omit references

at the beginning.

A.E.C.

The Pai

The Under Secretary of State,

The Colonial Office.

Sir,

Gr

I have to acknowledge receipt of your letter 3044/1920 of the

19th, instant for which I am much obliged.

I note the deposit in London of the equivalent of $50,000. will

be accepted but your letter does not say if this may be taken at £5,000

as proposed in my letter to you of December 24th.

The Promoters hope to be in the position to complete their

arrangements by April 2nd. make the deposit with the Crown Agents,

forward a statement to you proving their financial ability to carry

out the scheme and ask that the Agreement may be signed and the

Ordinance passed.

In the event of the arrangements not being completed by April 2nd.

the Promoters propose to make the deposit with the Crown Agents on or

before that date and forward their financial statement to you as soon

as possible thereafter but not later than June 30th, in accordance Gr with paragraph 3. of your letter 47790/1919. dated September 4th, 1919.

It is presumed this will be in order.

I desire once again to thank you for the assistance you have

been good enough to render,

T

I am, Sir,

Your obedient Servant,

&Twilliams