CO129-546-10 Naval Armament Depot- payment by Hong Kong Government of final instalment 11-1-1934 - 4-11-1934 — Page 6

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such responsibility or, at least, responsibility for

the cost of removal, in agreeing to the deferment of

the payment of £5,000 of the last instalment of the $2,000,000.

We should ?

Write to the Admiralty with reference to correspondence terminating in (3) and with particular reference to (21) on 92608/32 reaffirming the view

that under the terms of the agreement they are required

to hand over the Naval Arsenal Yard free of emcumbrances

saying (18) on 92608/ that the Jar Office are unwilling to bear any portion

of the cost of diverting the ropeway, and suggesting

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that steps to that end should be taken by the

Admiralty, on the understanding that should the new

line of the ropeway pass over any part of the

Arsenal Yard the estimated amount of the consequential

4. (6) m 92608/32 depreciation thereof should be deducted from the last

Add that, as understood in (24),

instalment due from the Hong Kong Government.

Suqquot

Je might that should the Admiralty,

for any reason, be unwilling to agree to this course the Hong Kong Government should be authorised to arrange in conjunction with the Military Authorities, for the

diversion of the ropeway,

of division

,

and to

charge the cost, together with the depreciation

A

A

in the value of the Naval Arsenal Yard in the event of

its being necessary to carry the ropeway over any

portion of it, against the final instalment of the payment of $2,000,000.

(We should await the reply from the Admiralty before communicating with the .ar Office or

the sum of approximatel £5000 will

le deduchd Hong Kong.) from the final instalment If necessary, hending settlement. I.E. Bader

28.

27-8-34.

an Daya

FM

Foam to see diff