CO129-547-4 Military contributions 23-2-1934 - 28-11-1934 — Page 28

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

'C. O.

Mr.

Mr.

چا!

Bader 3/8/34.

Cowell 14

Mr.

Mr. Parkinson.

Sir G. Tomlinson.

Sir C. Bottomley.

Sir J. Shuckburgh

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

33756/34 Hong Kong.

28

3.0. for Mr. Cowell's signature.

Downing Street,

16 August, 1934.

DRAFT.

Dear Newling,

With reference to

A.J. NEWLING, ESQ., M.√D.

(6)

Gent's letter of the 13th July on

WAR OFFICE.

the assessment of Defence

the subject of military Contribu-

tion in Hong Kong, I am, in his

absence, replying to your letter of

(5)

the 9th July.

FURTHER ACTION.

The position is that the

Hong Kong Government decided, in

view of the market conditions, to

deal with the 1927 6% Loan by a

separate operation last year, and,

their

on similar grounds to redeem um

31% Sterling borrowings this year

by means of a local dollar issue.

We will of course ask the Governor,

as desired, for his observations

on

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