CO129-543-12 Loans for public work 29-3-1933 - 20-12-1933 — Page 80

C. O.

98

Mr.

Mr.

Mr.

Mr. Parkinson.

Mr. Tomlinson,

Sir C. Bottomley.

Sir J. Shuckburgh.

of the Bonds may be exempted from assess-

ment to military contribution.

state that they

3.

The Councilo

not contemplate that'

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

DRAFT.

FURTHER ACTION.

uncilhão

that this is intended and they do not

accordingly ask that any revision of the

terms of the Ordinance should be made

directly preventing such over-exemption.

Should

In order, however, that there shall be no

misapprehension on the matter they would

like to receive, in due course, an assurance

that any ultimate surpluses of the sinking,

funds referred to not required for the

service of the Bonas, will not be disposed

of in such a manner that they fail to be

subject to assessment to contribution.

4.

In the circumstances I shall be

mm 1

glad if you will furnish me with a state-

Lig

ment which will enable the Army Council o

given the assurance that they desire.

I have, etc.

(Sgd.) P. CUNLIFFE-LISTER.

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