CO129-546-10 Naval Armament Depot- payment by Hong Kong Government of final instalment 11-1-1934 - 4-11-1934 — Page 18

XX. SECRET.

Sir,

GOVERNMENT HOUSE,

HONG KONG.

20th September, 1934.

I have the honour to acknowledge

the receipt of your Secret despatch of 11th

August, 1934, on the subject of the payment of the final instalment of $500,000 of this Government's

contribution towards the cost of the new Naval

Armament Depôt at Stonecutters Island and to inform

you that payment of this sum, subject to a deduction

of the equivalent in dollars of the sum of £5,000 which it is agreed shall be withheld pending a settlement of the question of the aerial ropeway, will be effected before the end of the United Kingdom financial year 1934 5, and that provision has been made in the Draft Estimates for 1935 accordingly.

2.

It is observed that the Lords

Commissioners of the Admiralty consider that it should be possible to evacuate the old depòt completely by February 1937. It is hoped that the construction of

the new magazines will be carried out with the utmost

THE RIGHT HONOURABLE

SIR P. CUNLIFFE-LISTER, G.B.E., M.C., M.P.,

&C.,

&C.,

&c.,

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