CO129-591-7 Estimates for 1946-1947 12-12-1945 - 14-3-1947 — Page 108

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

Wt. 49614,485 3/46 50m. S. & S. Ltd.

C. O.

Mr.

M*

Palmer

Caine 2017

26017

54126/1.

OEIVED

22JUL 1946

OFFICE

30

Mr. Lloyd..

22 alara

Permt. U.S. of S.

Mr.

Mr.......

Parly. U.S. of S.

Secretary of State.

IMMEDIATE

13.85 hrs. 22.7.46.

boded & sent.

Cooll

TELEGRAM

DRAFT.

GOVERNOR,

HONG KONG.

FURTHER ACTION.

Copy To Treasmy вору

menting agents.

L

uyently Reaux to miss Ruston to natily by Mac Donald

we chargin arrangements.

NO.

554

287

Your telegram No. 570 of 12th July.

Fong Kong Estimates.

I am grateful for very full

information given but owing to the short

time available for a reply I can only

comment generally at this stage. I had

intended to comment more fully on the

CA 3685 Commander-in-Chief's telegram of 3rd April

but deferred doing so pending consultation

with Follows. This has now proved to be

impossible and I will comment as fully as

it is. possible after discussions which hope4

to arrange with MacDougall on July 26th.

Meanwhile, I am afraid I cannot be

committed to approving the total

2.

expenditure indicated in your telegram

under reply; nor to the procedure suggested

in paragraph 7 whereby the whole of the

deficit which, in part, arises out of

expenditure properly chargeable to loan

temporarily

should be met by H.M.G.

In principle

While in

particular, I am strongly in favour of a loan being raised whenever convenient,

I should require more information which

is no doubt in your cetailed despatch as

to the possibilities of raising a loan

locally

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