360

quin

Free Govt of

H. Kong for the issue and

circulation in the island,

of Promissory Notes by any Company not specially incorporated by

an Act of Govt for carrying on Banking business

024

that Colony

Z

I must therefore decline that

the

conditional agreement

which purported

to

have been entered into

between yourself and the Agent for the Bank of Bengal.

I must add that

His Govt cannot sanction any arrangement by

which the Collectors of

Revenue

in

other Officers in charge of Public Chests

in the Colonies, may

be authorised to receive into those Chests promissory notes or Bills of any

description issued by Banking Establishments or Individuals, and it will therefore be necessary

that

you

should abstain

from sanctioning any

such proceeding

on the

part of the Collectors

of Revenue,

or

fiscal Officers of your

Govt.

I have

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