CO129-534-6 Loans for public works 24-2-1931 - 11-8-1932 — Page 3

ん

off the 5,000rro Public Works

needs bugged to

рам

loan, and

in vin

ว

12 high rate

internet (6%)

which invataning is carried by the loan, this proposal

مسو

for me.

The remainder of

muda (a) for R

money requint

wareworks (b) for the new

gaut for which Hill. have for agitating for

Time past.

វ

But our

8, 00000 2 (a) in

requined for the completion of the Gorge Dam

and we land wil

informed me for me the S.28. cats not approve this part of the scheme unlit

expert opinion had the Mind

on th switchility ?

the site. (N7 in 82773/11). with regend to (6), the

cost is estimatio of 41⁄2 millimus, and it is

pozerand to spread this both on радотай

1932-1935.

1 paino

This scheme has also not get hun

approved types. 8.

(13.). The Inaourer supports thes to meet the 1931

Bas

requirements, Treasury Bones of Rovers

value

shulo to isoud Mroup the C.A, canying interes

as 31⁄21⁄2 70 p.a,

and that the emainder of th moneys

ما حmin ما سلسال

of dollar luans in

In form & bonds to braun. Its unt proportio

ir

redeem the Dresy Bills in 1932.

(C). It is infecting to note that the

for the payment of starting salaries

in a

new system

has roule

sarin a $1500,000 (with dollow as 11-)

388888 estimate (with Dollar @ 1/4") compart with $3.

Jr sums to me

ther th Income is unruly

optimistic in syed to the future,

instance

WAPE

might? send

send copy

with fixed

WR CA.