CO129-597-2 Estimates 1949 1-3-1948 - 14-7-1949 — Page 24

seen

X-

Lean..

Bradford 24

27/1

seen with interest,

Каетак

287/

How tree it is that Hong Kong is furcferons

when she is hing domperously.

Putly

40.

Gov.

at

tel. 47 Sar

(Ref. 30)

W/c (40)

41 R.B. Moberly (Toy)

21-1-4

1.49

10.2.49

The important fact emerging review of Hong Kong's

from chi

financial position at the end of the third quarter of the financial your

chat the anticipated recession

is

of trade has not

and

that

as

yet materialised

forecast at X in sis

of 30.6.48., there

Sidney Caine's miniite of 30.6.

is

every prospect of surplus

revenue

over

a substantial

the yearn