CO129-546-1 Loans for public works 6-1-1934 - 14-8-1934 — Page 39

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8.

As regards the Bill to amend the Defence

Contribution Ordinance, forwarded with your letter of

19th September, the Council note that sub-paragraph 8,

of paragraph 4, of the Objects and Reasons expressly

refers to the inclusion in the Hong Kong Dollar Loan

Ordinance (Ordinance No.11 of 1934) of the $3,400,000

loan for redemption of 3% Inscribed Stock regarding

which the Council desire further information as set out

in the preceding paragraphs, and they propose to reserve

further comment on the Draft Bill pending receipt of

this information.

I am,

Sir,

Your obedient Servant,

At Widders