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Fiter 135
CIPHER TELEGRAM
124/FE/39
084339
This message will not be distributed outside British Government Departments. - or Headquarters or re-transmitted, even in cipher, without being paraphrased.
(Messages marked O.T.P. need not be paraphrased.) 11935
From: CinC HONGKONG
Recd. 111910
D.T.0. 111526H.
9 DEC 1949
DEC 1945
To:- WAR OFFICE
IMPORT..NT
C. 872 cipher 11 Dec. RESTRICTED
For Civil Affairs and Colonial Office.
In connection with resumption of trades and establish ment of exchange control Hong Kong Bank has kindly loaned administration part time services of one of their staff who was formerly Exchange Controller in Calcutta. They are bowever only prepared to do this for comparatively short period and it is therefore essential that some trained assistant should be provided in near future. Besides work performed by Financial side of Secretariat in normal times there is much additional work involving simplified procedure for collection of rates and collection of other forms of revenue. Question of compensation for articles requisitioned is additional source of work as is the liquidation of the Yokohama Specia Bank. Excluding the Accounts Branch which is outside this particular review duties mentioned above have been carried out by one Office and one part time assistant with another whole time Officer on liquidation of the Yokohama Specie Bank and examination of safe deposit boxes and vaults (?under it). Looted property. It will readily be realised that no progress can be made on preparation of Budget and
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