(24534) Wt. 29815-5332 (2) 100m 12/49 G.S.St.
C. O.
Mrs Petherick.
27/1.
Mr. Hall 27/2 termed from
A Titchener 13/x
Mr. Armitage-Smith
Mr...
Mr.
today Ditty.
19/87
54403/8/51.
Permt U.S. of S.
Parly. U.S. S.
Minister of State
Secretary of State
Your Reference......
Sandian
C. D.
Siš
2018
DRAFT
R.L.Sharp Esq.
Treasury.
Dear Sharp,
12:9
Ly
BI
23.8.51
Scheme No: D.1066. Purchase of Lorries for Vegetable Wholesale
Marketing Scheme, Hay Kong.
Please refer to C.D. W. (D) No: 2038
has since state
tes that, although the feminal position of the Cyaussation has
inprived recevity, it has substantial liabilities & the H. K. Ford, and he does not with band Anthis commitment quingentin
the is homewas prepared. to defir settlement of these
Libilitas
made t
enable the Expanication to repay the team of £9,375 issued under Scheme D. 1065. He
1
FURTHER ACTION
2c 54 13
Miss Parke
which Deals with
regarding the replacement of part of the lorry Home Kone levis Viagetable Marketing
men of a fleet of the Organisation by the Erant of
£9,375 and → loan of 39, 375, the
same amount.
At our meeting on the 17th May the
you reasury were unable to agree to any part of
the assistance being in the form of a grant,
that either
but suggested that a) a loan by the Government
of Hong Kong to the Organisation, or, b) that a
loan of £18,750 might be made from C.D. and W.
b funds, would
appropiate.
The Governor was informed of the
decision and he has now arranged for the immediate repayment of the loan,of £9,375 under
Gehome No: D.1066, which was not due for
settlement until the end of 1952, In addition
fresh ke has asked for a loan of £18,750 from
C.D. and W. funds, that is the re-loan of the
£9,375 he proposes to repay, with an additional
He assum
loan of £9,375.assuming that this new loan
and he
would be free of interest. He would be prepared
to arrange for repayment before the end of 1955.
These proposals have been examined
here, and it is considered that the situation
/would
No comments yet.
Private notes are available after approval.