晶
Increased läxation handicaps trade and it is by Soing everything provible to encourage and
revival of trade that Hongkong
assist a
hoort
quickly regani its froms propail;
wik Hence increased
in the lot.
as
laxation has been regarded
a
last mort for the Esparati.
policy
Secondly, which a "go-slow" foaling is
Brioudy
auf
accessary
it is char
that 4: unofficial element an critical
1k cub Im
and would
expendition already furttin
собенн
any
Savaring of panic.
was passed by only recently
the Council thi
Jeen
made
1
nonctious
When lin ES.
Soyesh Officially lifted and
the general community! who throughout had remainde supremely confident Whi future, evidently expected that within a shock time
wils. be wich
from.
16
way
k a
Lade
The hush Ikal the Govt could do
in the city.
AA
I frame their E15. in le
"Spirit Jade Optimism"
Br congratulated
Curtailment home
Lurral
on the moult,
would h
which would be
how that signs of
a
at last apparent.
and
I think
FunL
a blow KHK
decidedly
meoray grade
real
Furthi läxation and further reductions of
expendition being ruled out-
Men
Lily wo
an
alternative but Borrow and this the Gord.
propose lado.
Details of the Eart's loan proposal
are given in 20132/26 in bundle below.
la
Briefly
it is intrafod
But
raise
G
John
•
8
of $31⁄2 million for financing the firs section of the Shing Mun Valley
Wali Scheune [ subject
to calain nodifications) and to charge to this loan the which of the expenditure devoted to This scheme up Khi end of 1926. just over $2 million.
Itus leaving this sum available to meet the anticipated deficit
and
unforeseen expenditure.
Sir C. Clementi Las mi mind
On 1927
a
Sinet
Iran from Colonial Govt. but the Crown Aqualy have raived certain difficullus which
with require furthis discussion. Lowere char that a
IL Seamus
loam, is the best
waty
way
out of the difficultly, that the schoon is a
дней
suitable subject for a lean,
Scheurs Le now been reduced to
and Iat IL.
(accusing the Unofficial too moist) proportions
In this circums
very
тобой
lances
LA
I think.
16: Estimates
CA
proceed to deal wilk
15
the loan ch.
assumption that a loan with to approved, leaving the precise melted of raising Be considand independently.
11-
No comments yet.
Private notes are available after approval.