CO129-538-3 Development of Government sites and rebuilding of Government buildings 17-12-1931 - 22-10-1932 — Page 6

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

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De left to the local authorities. I would

authorize the overnor to proceed, on the un- derstanding that he is satisfied that each successive stage will provide its own finance and that no occasion will arise for advancing funds from the 'olony's balances or otherwise. Expenditure wili, of course, be voted annually in the Estimates as the work proceeds.

H. Q. Cowell

2.2.32

I think that we should reply to the

Governor that the present moment, when

retrenchment is everywhere the order of the

day, is not a very opportune one for embarking

upon an expensive scheme of this kind. Ask

him to review the whole question from this

standpoint and to report whether he is really

satisfied that it is desirable to proceed with

the project at once, and that the requisite

funds will be available at each successive

stage.

RS

9/2/32

at on

2 to for. Conf. (1 aned) bons 115 FEB 1932

6

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