CO129-605-4 Government loans 12-7-1946 - 6-1-1948 — Page 25

in

the HK

available for investment loan to finance rehabilitation. I do not know whether for techmeal

reasons relating

funds, there

6

сия

amy

currency objection

proposal,

10 auch

a

10

lö

me

the result

but there seems

be the objection that

would be

to increase

HK

the inflationary actuation in th

Bremer

Mr. Mamban

Re (54) 4

M..

Palmer Minute

Toke proposal is rather unorthodox

not entinly "safe" :

that

но

gau Hong Kong Exchany.

and

but at is probally

tre

out

powning of money

to deplete semmoty

Frind

need

lo

ayme effet is

with

Mr. Palmer

uncleciable

anticipated

the

But

steat it reflatimay

I understand that Mr. Caine unter to

descun this with

Mr.

Willams

I think

g