CO129-625-1 Trading Reserve Fund 1-5-1950 - 31-10-1951 — Page 8

8

Mr Sidelo ther

Mr Palmer & He D.G.C.A, su no

objection to the proposal in

(5) to wider the scope of the Essential Commodities Equalisater Sund

to mat a pomble loss on the financing of

trading in excential comodities

He fund to "Trading Resene dund"

the

acement as well

прим

of

Ike adverse balance in the oysen account

to change the name

on the 31"

"Mary

nao

U.S. $ 8,366,000 which is equualust to almt H.K. $481⁄2 million

ve. greater then He W.X$30,000, or which was

for the E,C.E. Fund.

appropriated to

Honcer by the time the present

Jupon tivo

way unangenents come to an end, the adrone balance

may

bove been reduced further in

any

Cars

J

am unable to suggest

any

alternative proposal for meeting any financial loss if it bromes

mummy to liquadate an adverse balance

He

при

acemat,

In the cives? we should appare the propents in (5).

Jn. Boursill

Mall

29/6

Johulst michnes

Subject brynn emcurence

trafferre, the forposal in 5.

19/6.

fur Bourdition is away it. As me falmer saw no

I think her Bourdillon would have concurred.

ojn,

Then approve

when

17.

Ds mich

30/6

so in aft

Hall

24 stars