The Archive · 1925

The British Loan to Hongkong

If Boycott Continues More Assistance May be Necessary Next Year London, Dec. "14.

In the House of Commons to-day' Mr. B.C. Spoor (Labour) asked what were the purposes of the loan of £3,000,000 to the Hongkong Government and whether the Government had taken steps to terminate the boycott of British trade in Canton, Mr. W. G. A. Ormsby Gore, Under= Secretary of State for the Colonies. replied that the Governor of Hong: kong had applied in September for a loan of the amount mentioned for the purpose of restoring confidence and financing trade, The loan had saved the colony a serious moment. "It is possi he added, "that if the boycott continues and trade becomes—worzo further assistance may have to be considered next year."—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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