CO129-618-6 Proposed reclamation of additional building sites 3-3-1948 - 8-9-1948 — Page 5

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Government ought to undertake in the interests of the public.

There was

I should doubt whether the Colonial Development Corporation would be interested, but Mr. Wallace's State lottery suggestion ought certainly to be carefully considered. no suggestion in Sir Stafford Cripps's recent explanation of the rejection of a State lottery here that it was regarded as a matter of principle. As I recall it, he confined himself to indicating that in the Government's view a State lottery would not be a success. I imagine that the contrary would be the case in Hong Kong and I hope that the idea will not be turned down here on the ground of principle and that the Governor of Hong Kong will be invited to give his views.

I have mentioned this to Mr. Bourdillon, and he said that he would be interested to see the file in due course.

by mangler

19.4.48.

5

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Mr. Hunchy.

wrighy the state lottig

Befon connoting the angle y

which is weiter untionsscal

can to commuel-

с

Barclays

minute alive

filter

perhaps

при

itte

C. D. c. query.

Maylis

in the light f

The Colonial Developement Corporation difßen, f.

laugh my baby, I undustand hown that they

ho

do

not ligand themselves

As

a sance of finance and

Wank not put up making for any scheme in which they

Whe not participating on

management.

I tumik

the side of policy or

we tule

should sul tuo aut but

Hi Newtu shunts555. H.Harding

Mr Mayle

There we only 2 ways

19/4

in which the Corporation

could assist in this type of esteprise.

Π

preferably probably with a share in I) by taking up debentures or convertible debentures, management. 2) by performing the operation on a contractual banis

As reither method would be applicable in this