Page 119
Page 119
INDEXED
Parliamentary Question
322
53. Mr. Robert Morgan, To ask the Under Secretary of State for the Colonies, whether he can make any statement as to the political, financial and economic situation at Hong Kong. [Wednesday 10th July.]
F.O. ARE NOT ASKED TO ADVISE.
ANSWERED
10/7/40
REPLY ATTACHED.
1169
Library please attach reply
HONG KONG.
Mr. R. Morgan asked the Under-Secre- tary of State for the Colonies whether he can make any statement as to the politi- cal, financial and economic situation at Hong Kong?
Mr. George Hall: While the evacuation of women and children and
and other measures taken in Hong Kong have caused some feeling of disturbance, the population of the colony is in excellent heart. Trade statistics and revenue figures according to the latest information are buoyant, although there are at present some difficulties in finding cargo space for shipment of the colony's miscellaneous exports. The Government has also im- proved the position of its liquid reserves by a recent flotation of the balance of a loan authorised in 1934. The cost of living still shows an upward trend caused by circumstances beyond our control and in particular by the uncertainty of the situation in neighbouring territories.
Page 119
6/7.
1077/40
3581
JUL 1940
Page 119
Page 119
No comments yet.
Private notes are available after approval.