CO129-538-6 Naval Armament Depot- correspondence 19-6-1931 - 31-3-1933 — Page 15

15

is

satisfied that the H.K. Just.. justified in withholding the final

instalment due on

1.1.32 (ree paray 20

13) I think we should write Adunvelty

Y

you.

as proposed & rend spy to Jr.

20

Adere

View

J.A. Culder

24·12·32

J

with amem the broken

Concem

The. If I Gost. to suspend payment

в

of the final. instalment,

that we

and request.

- should press the Calony

to make the payment

ли

January 1938.

of $500,000

The suggestion in the Admiralty

letter that the final instalment should be paid

now but that the Admiralty will not surrender the

Naval Arsenal Yard until 1936 is unacceptable.

It

is laid down in Sir C. Clementi's letter of

22nd August, 1929, (enc. in No. 1 on 72779) "that

evacuation shall be completed and the two areas

surrendered to the Colonial Government as soon as

the final instalment shall be paid", and the

Admiralty, in their letter to the Treasury of

6th February, 1930 (enc. to No.1 on 72779) said

"the work may take rather longer than two years

to complete". It was in view of the indication of

a period of about two years that the Colonial

Government's payment was arranged in four equal

instalments at six monthly intervals.

It looks

from