CO129-590-28 Hong Kong finances- advances to meet deficits 20-12-1941 - 3-1-1944 — Page 29

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

[1957) Wt. 22388/286 20m. 7/43 C.N.Ld. 748

C. O.

Mr. Palmer

201/11

Mr Sashimi 26/41/

Mr.

Mr. G. E. J. Gent.

Mr. G. L. M. Clauson.

Sir C. Jeffries.

DRAFT.

p.

C. D.

27 NOV 30/11

54126/43.

Sir A. Dawe.

Sir W. Battershill.

2.9

Permt. U.S. of S.

Downing Street,

DEC 1943, 1943.

Parly. U.S. of S.

Secretary of State.

5.4.4.

C.H.. WILCOX, ES.

TREASURY.

FURTHER ACTION.

1]

2c fuy Mes

Lordan

Dear Wilcox,

I am afraid I have been some time in

replying to your letter of 12th October

(S. 51336) regarding the assistance required

from His Majesty's Government in respect of

Hon on finances. I note that you are

willing to make the necessary advances from

the Vote of Credit as a (3) service and that

the advance will not bear any interest, and

any question of repayment must await con-

sideration until after the re-establishment of

British administration in the Colony.

On the uestion of the Treasury control

propose

over the expenditure, you'sate that the

normal principles of control in the case of a grant aided Colony, should be followed as far

as possible.

That control is, I understand, in the foot place

based on the mission of annual estimates. But I am afraid that"

The preparation of any sort of an estimate in

respect of Hong Kong expenditure likely to

be charged to the year ending 31st March 1944

is a practical impossibility at the moment.

We have only just this week succeeded in

getting the necessary additions to staff

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