54289/1/40.
H.K. and Pac.
26 2
30th January, 1950.
Thank you for your letter of the 13th January boub certwin Queens hich are desava by peruuns intermed during the war by the Japenese in the camp at Port St.nl. .
LO
ore hell azure of the hole situation as you devcribe it and of the fact that che ues were issued in conditions of considerable distrau und at exorbitant rates of exchange. it was in fect beseuse of the commitisan unter mich the cüoqdne pore issucë end because it was felt that some more equit.ble solution to the altter tum id allowing the une ace to be presented for pupaent should be nought tins the Order to mich you .des des del by the coat of Hong Kong. *ho Üzmer prol:ikit.c inter alia coolings in che aes issued during internent Ling required that both issuers ang holders should inform Government of the details of such che,uca u Bolt the holau bould deposit them with Covernment. After dealings in there cheques had been effectively stopped by the in.us of the Ordur very careful consideration was given, both in Hong Kong and in this office, to the question of finding a cuitable any of dealing with these transactions, whether by means of legislation or otherwise.
The concluzion was eventually reached that it would be undesirable for Government to attempt to
Lt. Col. D.È. Price White, M.P.
intervene
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