uchde
this
will
the
F.S. KK
we propose
discussion
The position
agrears
to be as follows: ~
Advances.
From H.K. £140,000
Ex Jun
140,670
"6
V.K £ 555,øre
469500
285,000
€425,000
Bolance £ £70, oro;
At the time of the Emencial Settlement H.M.6. might here expected to
recom for H.K. £ 555 000 which had her advanced to the Red X. Нешв If euch a scenery ximry
hat can mode, H.K. cold her expected to neeve
the £270,000, if when it is remued for the Red X.
As, konus,
the settlement wiped the slate clean, I do not this. H.K, can now
our inued from U.K. funds.
lay claim to the £270,000 which was our
2
had human
of this at the time the lettlement was made I fuel cestare it uould have her takes int account. The last
centives of the statement quotish in pasa 3 of (1) opposite supposto
this, as I read it that untince mans that
newed
any money
in spayment of the Loans made should be an ARGE
H.K. Admuttedly it refers to "stores" but,
not more
I here already sand, in
of any one inne of puds to the Redx.
by sims I pod difficulty in understanding para 5 of (1).
"
I do not see where the question of "breaking farth
in a nor do I
+ that because a proportion of the total amant
follow the argu
remutted through the bed & come from prewar Hit funds, all
semiries for the had x
He had & accrue to H.Kag.
I agree with the Palmer that this might be included
in the discuring with the F.S. H.K in April. I am bun,
also inclined to go back to H.K, & ask them to clarify pass.
5-
of (!! 20
although the rearning may for, it isn't to me.
"
4 " perfectly
clear
chen" to the
Inule 20/2
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