CO129-489 - Governor Sir Stubbs & Sir Clementi - 1925 [8-12] — Page 226

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

:

Been by Seed Stata

B.4.6.

29.9.15.

-Six G Granate &

I have just

Lamager

in

Rec. of Sato

Jo

vee

227

28.9.25 8.

scon Liv Newton Stabb,

London of the Herongkong and Shanghai Bank I told him in co- the present position.

(

He was

confidence

extremely pleased with the

frompt action tatron.

(2) Hee did not thinks that

thing likte

the full £3.000.000 would be actually required. __ In fact he thought that £1.000.000 would suffice. He said that the important thing was to restore confidence

int

во

that

money

cunda come!

again (this of coure was why we lold Governor at once that the tran would be made somehow and asked him to visus a statement.

(3)

Hee said that if the traits world

Lathe

up half of the loan without a

inter it would have

an excellent

in the far east generally.

(4) Hee said also that if Parliament: would seltimately guarantee the won (with of course

ގދ

reduction in the rate

of internt ) it would be an excellent- and effective way of allaying the intense resentment now felt in Khayking towards the mother wantry). (Hos himself quite renticed the extreme difficulty

in which 7.0. is placed & thrills their policy whole, right.

has been, on

Hoe was quite cheerful about the future and quite confident of

The

Heungting quickly regaining proapority!

A. E. Collins 28 SEP 1925

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