CO129-605-4 Government loans 12-7-1946 - 6-1-1948 — Page 22

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

We have

already sast-10 Acha draft- Gramany

the deque f

nhabilitaba

Heng

incl

which local

Small

22

derlopment, Hy

certainly aquin large sums

contribute only

cam

and

thesar

sums will

part:

in the from

le blained eithe

to

from loans, witte conquest

lour changes,

amolémis

4.1.9.

4.

It is not lecar

from

the pps.

available

whether

a loan

Janches

marked

46

is antiapalit shortly: para 3g

exclude

this, but precious belyrams constaulty

ufer to it.

y

such

a

Loan

shortly

contemplated it

would le

anguerant is

feer of minning the

carmy

the loan

ordinance

$150 within.

My Boss.

10/5-.

Byou finally

approving the

Лосии low colmance.

and clu

Cross Agents - inglet-

& see it

dogt

by 83,10/01

not

* Now

found.

Mr. Palmer

I agree that we should discuss with the Treasury and the Crown Agents. I hope that it will be possible to arrange for this discussion to take place without delay.

As I understand the position, the Ordinance is urgent as there is a possibility of some deterioration in the conditions for the local issue of $50,000,000. The question of an issue in this country does not, I think, arise at the moment.

I would restrict the total amount in the Loan Ordinance to $100,000,000. The Governor's point at X in paragraph 2 of his telegram No.622 could be covered by a suitable explanation when the Ordinance is introduced.

Another point which ought to be discussed is whether we could not avoid asking for the Ordinance to be referred to the Crown Agents in draft.

file.

Pasen & for, M. f. B Allian porn on 14/5 whit it was t gft of to Excon file of Colonial fort, loans, Hickist it had appearect on secki, wared. hits.

A special search should be made for the main I would like to speak to Mr. Horne about A/

in

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