CO129-605-4 Government loans 12-7-1946 - 6-1-1948 — Page 231

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Daataydoph. 7 end it has been possible to discuss with Macdougall.

3.. I will let you have without deley the results of my discussiove with pɛodougell. ; do not, of cou8o, msh to DORYBNÝ 34ar baking any aniden in the meantime in connection si tù expenditure which I have already approved or with expenditure that munet possibly be deferrad. I should. Iwever, Lope ↑ 45 you will not undertake any major new Commi tra1.5a without prior consultation with me,

14. There are certain pointe in your tolsgra on mich? should comment imas diately; -|

A

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(a) Is was the intention that tits, grant to the Hong zog University 02 $200,000 začermad tu in my telegram No. 202 ** 250 hay rus to bo ret from Bong Kong Government funds and Sayant at the jorrespondenne conveyed th, impression that this grant her to be made by H.N.Q.;

b) T 711 send asparets telegrams regarding you selsgrau No.493 Redemption of 39% bonds, and re-instatement artza lapoolted rath the Treasury your telegram No.290-

5. I aseme thrt detallel ostirale with explemotions $147 De despatuned ne 1201 22 p23aible by air mail,

I accule that you have considered every poszíjle afup to increase pareme such an introduction of Income Tax lucrssaing duties of Jigner, tobanco and luxury goods in order the, the dependelike from M.H.3. should be reduced to the intDRE -

When

Visa Appropriation Bill 1a put before the legislative GJIROLA ON the 26th quly it should be made olear that the cebamates are eubmitted on the understanding ladiested above,

jowy sent to:-

YERBUNY.

Orown Agents,