CO129-605-4 Government loans 12-7-1946 - 6-1-1948 — Page 12

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29. From from Agents.

M. Emmanuel

helpful,

7/4/440.

The brown Agusti letter

confirms

and

unlikely to requere

advances

that they

repayment of the

is

12

ave

J.CF

near fadere. Any Lowson

he floated

the

Loom

cared

thus probably

A

Ame

when

the

battering

obtamed for H.K.

to regards

the Governor

ite

mention

us Local firms

could be

This is satisfacting

factory.

local issue of the loan,

two poruto:

are unlikely

unters Govt state that

be foreseen there

that present exchange rate

and sterling will be

To invest

For

to suppose

regom

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between H.K. $

varied

6 Decuable that there charcla

settlement of the

مع

bank liquidation

pool account. before loan is floater,

So M

10

free funds for invertiment

150 points?

"You will comment on

theas

As regards the schedule to the Lown

Ordnance, the Gove will presumably

pick out the largest Memes

the

mind the desirability of

of

"Special

Expatre" meluded

Estimates

bearing

portades emphase

ONL

rehabilitation aspect,

amy

there

well

and

ommbes

Com

presumably be

such as

Other expenonture arving

of the accupation of the Colony Japanese forces":

1414

by the