CO129-544-5 Naval Armament Depot at Stonecutters Island- postponement of payment of final instalment 25-5-1933 - 21-11-1933 — Page 12

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the present Armament Depot at Hong Kong.

In the circumstances My Lords will not press

for immediate payment of the contribution which was

due under the terms of the letter in the financial

year 1932, but hope that the Colonial Government will

agree to make the payment towards the end of the

financial year 1934-5.

Their Lordships would raise no objection,

however, to the amount of dollars equivalent to £5,000

sterling being withheld beyond that time, if necessary,

pending a settlement of the question of the aerial

ropeway, as mentioned in the final paragraph of

Admiralty letter CEinc. 011/33/468b dated 31st March, 1933.

I am to state that if payment can be assented

to, My Lords hope to adjust the finances of the Navy

Works Vote accordingly.

I am, Sir,

Your obedient Servant,

увен

V... Baddeley

(24) 92608/32