CO129-534-6 Loans for public works 24-2-1931 - 11-8-1932 — Page 18

I notice that the Eart's desp. is datit

the 7th August, is some

before the "crisis", nr.

little tewe

Is it certain

that the financial position in Hong

18

Kong is still wh

an

to make tu

Evernor's proporals appropriate?

Vrs..

27/11/31

118 to

decrease in their

have materially

The crisis' has raised the HK. $ from

1/5. The

The resulting

resulting large

sterling commitments should have.

improved their financial position of last

sentence of parag. 5. драходів.

J. H. Calder

1.12.31

As proposed

ors.

1/12/21

at onc

कट

75%

To for telt. No.145 comf

Cous.

4 Dee -31.