31st March 74

 The Hongkong and Shanghai Banking Corporation

P O Box 896

Collyer Quay branch

Singapore

Dear Mum and Dad,

I do not seem to have written for ages but it has been a busy time with one person on leave and lots of things going on as usual.  The time is approaching when we will move into Ocean Building although the date has been put back.  We are also moving a nearby office in too shortly afterwards.  Some union matters have been cleared up, but others remain and it is not possible to get them all out of the way for a spell.  The election and budget are over, but I cannot see they solve anything. In fact much will give rise to an increase in all the old grouses with no solution to inflation or balance of payments.  Looking at things from a distance no country is in a strong position and the Chairman' statement at the Bank! AGM spoke of aprehension regarding the future.  

On the cheery side the children will be out next week and we will be on the go once again.  With thoughts of leaving the east we bought our second carpet a Persian "type" made in Pakistan.  Shortly afterwards we picked up 4 tatty ones which when taken for cleaning found one to be real Persian & may be of some interest.  So if shares go down maybe our carpets will go up.  Have to keep the moth out though!

All our love

Margo and Peter