CO129-623-8 Estimates of Expenditure- includes a report for the year ending March 1951 1-12-1949 - 31-3-1951 — Page 21

am

far been met expedient from these surpluses

temporary

My feeling about H.K's financial

position generally

is

that in ireno

indicated

of the troubles

few months

by

it is a rema

in the last qui it is a

satisfactory position. The saw

(19)

21

the F.E.

remarkably

March - June sawnigrama

covers the quanter from March

so does not

start

the

cover

the

probable that

Korean fighting; it is

the next two quarters figure will

much cleaver indication of

give

a

how H.K. is going to Jare

present strained conditions

? Put by.

under the

in the F.E

6/3/50

ague

regard

No. 14.

As regards No. 14

menute of NH was

my

whended

is suggest that the Estimates should

be formally approved.

vek. ecerpt of No. 14,

Should we

not

now

approve

the Erts,

commentó

the

further

make a

fer general

regards

any London Com.

financine porction, promising a

?

Kremer

and

corumcucal

Seen. I agree that further actor is regrind an (14). will

Me Farahigh pl aft for comm?

in Palmen

Ollall

115

Are the general comments" in