CO129-502-4 Acquisition of Kai Tak for an aerodrome- provision of funds 11-1-1927 - 12-5-1927 — Page 8

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prevent cicamotences the Colony's finances justify the raising of a ben: and I must confeas dafree.

Gooner

Cater Tauppare

or

we shall have to reform the

C. I . D of the action taken, bat

I think befare

woe

do any thing

further Bir C. Clemente sheuld

be told to repent

what

terms be can acquire an option

1.A 6.

74.1.27

I have discussed this with the Secretary

of State and he is not prepared at the present stage

to go so far as telling Sir C. Clementi definitely

that he will not agree to the raising of a loan for

the purpose of acquiring land, but he agrees that we

should ask him again what are the best terms

leh terms on which he can get an option while at

the same time pointing out that the reason we do so is

because we are very doubtful, in the present

シン

iL

financial circumstances of Hong Kong that the Colony

would be justified in raising a loan

Please telegraph accordingly.

27.127

سار

B.A.4.

abouce