CO129-576-4 Loans for public works 3-7-1939 - 4-1-1940 — Page 14

14

I think

I should point out that what

has to be raised in order to complete the

loar

• liquidate the advances is not

000

$11,000, $11,140,000

•

but enough to produce

At on issue price of 93, the

nominal issue would have to be $11,960,000 plus costs of iseve Imanagement", "the

woar would have to be of the order of

$750,000.

$12,000,

000,000

or

The draft as it stands enquires

about the prospects of "raising a loan",

an b.

of

not of borrowing the money under the System envisaged.

6.3 of the letter 9/11 to Sir A. Barlow. I do not know it it was intended to confine it to this?

I have had to revise the figures of azdvanced against wars given in myy

I had failed to include previous min., as the amount actually stent in 1932 aq- ainst the "future loan", - $1,077,333. Hence the alteration at the end of pera. 2 of the draft".

Nisi Andrews

24. xi. 39

see

Amendments

sachant.

24

F.

15453/1/39 544 20 Sin A. Barton.

DFT ON 15453

M4/2 6, To Treas (w/c

67

To

7.11.39

ک

5 wifi end to 27on 33706,

32706 (34) Co

Cons

28.11.39

Что ва

J-

cons

28.11.39