CO129-568-4 Estimates 1939 8-10-1938 - 6-7-1939 — Page 51

52

2. I note in particular that, as reported

in your despatch No.844 of the 21st of November,

(4)

1938, you propose to keep the position with

regard to revenue in Hong Kong constantly under

review, and further that, in the event of any

deterioration in the Colony's revenue position,

it will be possible to curtail further

expenditure of a non-recurrent character as

well as to defer expenditure on certain maintenance

items.

I have, etc.

(S§O), WALLULm macDONALD