CO129-577-3 Proposed transfer of military barracks to alternative site 30-1-1939 - 14-12-1939 — Page 3

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which might appear over the transaction. The

Governor is of the opinion that the scheme would show

a return to Government of income from land sales,

over

for a period of years, sufficient to justify the

financing of the initial expenditure from loan funds

if others are not available.

? Approve the general lines of the scheme

and convey authority for carrying the discussions a

further stage.

A. N. Saloworthy

16.2.39.

The proposed trans ction stands by itself, and

des not concern the ilitary Tands Account. It can,

therefore, be considered solely on the merits of

its advantages to the nong Yong Government.

The Governor end the Executive Council

are satisfied that the scheme is to the advantage

of the Colony, and it does not appear that, in the

long run, it wil involve any material financial

burden. ssuming that it is sati. "actory to the

military authorities, there is no ground for

withholing assent.

we need hardly complicate matters by opening

simult neous negotiations with the War Office.

give general approval to the continuance of

negotiations with the “ilit ry Authorities on the

lines proposed.

Zou any

Sav

Fruend frounds

point of view?

#Klowell

17.2.39

Either

comments to make caller in

from the Hongkong Defence

We have to litire detail before

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that it is