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50 Above, of course, Zoes not take into consideration expenditure on reconstruction of buildings and re-equipment of departments which, as explained in earlier telegram, it is intended to change to loan, Grant to Hong Kong University and reconditioning of Kai-Tak airport could presumably be charged to loan expenĉiture as could possibility of rental due to Electricity Compendes, They have not therefore been allowed for in the above figures but if it is considered that Flectrio Bentel not a fair charge against loan, expenditure dofieit met be
increased by 1,500,000 acliare (1)(£94,000)
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