CO129-606-3 Treasury control over Hong Kong finances 14-1-1949 - 1-12-1949 — Page 3

Jalmon

у него

Mung y

Hallund

Mr.

rathus

bunk

I church.

may

the query

the summer of

1447

but I've no

(da (4)

stere

3

lural

Lovers

Bo 1/2.

in Wallace

1. (C) I reminded

that one

were still

M Moberly yesterday

awaiting

10

csave

адми

AK. being allowed

books I will mention

5+1 269/4/44

hi Dandelion

ner week.

2. 10/ The propora l

CAA

our

Tel No.953

T

II reply

bearer

Curned down

55) on 54126/4/4)

14.6.47

Lure

bpetion

w

the

currency

backing,

thai

panded objetion

apart from any

at the present

15

१

reductio

the

immediate effect of selling the securities

އ

To uvest

the loan

equivalent-

To raising

a

direct loan

an

The desirable thing

is for eather

London.

a

lveal

loan (which will depend upon the outcome

with the Treasury

of the submasan

now

as regards

beaver bands)

or

taxation to take advantage of

prosperous conditions.

It might however Younaway

54126/4/47

for BATTENT

increased

the focally

be

are

well

to be recerculated (Krough

Mr Hulland) for

H.K. proposal

(in order that

reconsideratin

وستها

of the

Еварти

we

have

may

apportanty of considering whether

objection

are still valid.

ar

Themer

3/1