(*2643—150) Wt. 16318-94 15,000 7/38 T.S. 695 (*3070-150) Wt. 26563-2 20,000 10/38 T.S. 695
C. O.
Mr. Gent 24/11
Mr. Clauson 24/11
Mr. Cowell
24.
Mr. A. J. Dawe.
Sir H. Moore.
28
Sir G. Tomlinson.
fel
Sir J. Shuckburgh.
Permt. U.S. of S.
53852/38 H.K.
For Mr. Cowell's signature.
Downing Street,
revised aft
November, 1938.
Parly. U.S. of S.
Secretary of State.
DRAFT.for conson.
Thank you for your letter of
16th November (S.43577) about the New
Territories of Hong Kong.
E. HALE, ESQ.
TREASURY.
FURTHER ACTION.
2.
I think the reason why the matter
of a payment from Hong Kong funds for the
purpose you mention has not been raised is
that the question of a loan to China was
examined and turned down on the basis of
quite different considerations.
The New
Territories only came into the picture as
something which might possibly be
appended to our prospective benefits if His
Majesty's Government were inclined to help
China by providing a loan in support of
Chinese currency at this time.
3
If and when an opportunity arises
to propose a deal with China to give us a
longer
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