CO129-555-2 Estimates 1936 30-8-1935 - 29-1-1937 — Page 16

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

modifications

on

a

large scale is

16

obvious

but there are

a few gene, al

considerations which

be taken into

may

account.

(1) as was in plied

implied in Mr Costais

minute 11/9/35, the fall of the dollar,

may well

d have a stimulating effect on local

Commvee and

manufacture; and this,

läken together with the results which

are to be anticipated from financial

developments in China

HK's

bu

entrepôt trade,

may

nault in

kū figure ₤$26,671, 845- proving to be

au

underestimate frevenue.

(2) swing to the fall in the sterley

value of the dollar,

au Econ

Economy

in

the sterling expendlitines will be reflected

in a proportionately greater Economy in

teams of dollars than would till

recents

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.