M=
M = Taylor the Treasurer of Hong has been discussing the question of the futune Hong Kong loan with the Crown Agents. The conclusions reached have been embodied in
opposite-
14. a dift telegram- attached
which it is suggested should be sent to the Gov. 14" Taylor
discussed his proposals here
weth 1-Gent myself
festerday)
d as a result of that
व
discussion of of subsequent telephone
conversation with the CA some
minor amendments have been
made in the aft
It will be seen
that 45
•Taylor
proposes
the CA
that-
agree
the necess any
should be given
six montus notice
as soon as possible
to pay off the 3'1⁄2% Sterling
loan
& that a local loan of Say $25,000,000
should be floated
minonuum of
a m
$14,7000 being raised immediately - out of which the book awered by
10
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