CO129-606-5 Hong Kong Loan- Financial settlement 2-3-1948 - 4-10-1948 — Page 123

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

[7713] Wt. 40552/714 50m 2/48 C.N.Ld. 748

C. O.

Mr.

Mr.

Mr..

Mr.

Palmer

54126/6/48

Permt. U.S. off

Parly. U.S. S.

Minister of State

Secretary of State

3 copres

Immediate

Mr.

Your Reference.

DRAFT.

CODE

TELEGRAM

May

122

GOVERNOR,

HONG KONG

(65)

1.

FURTHER ACTION.

вори loops do de

2011

аг

tec No. 487 from

14

Your telegram No.487.

I have the following comments to make on

your proposed replies to the questions to be

asked on 26th May.

2. A.

I agree as the grant was not intended

to be related to any specific liabilities.

3, B AND C. I am not, of course, able to

check the amounts in question.

As regards

particular items I am not aware of what is

involved in item (h) repeat (h)

4. Item (g) repeat (g) if it is in

respect of craft referred to in paragraph 31

of your despatch No.292 seems to be

in a different category from the other items

in that it represents a debt for goods supplied,

whereas items (a) to (f) represent expenditure

Las for which the Government received no direct

return. In other cases doubtless the Hong

Kong Government in post war conditions has

had to purchase stores which are not entirely

suitable for its requirements or at higher

prices than normal and to that extent a

certain part of the expenditure might be

said to "arise out of the war".

You may

consider therefore that this item does not

strictly/

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