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4.
Sir,
Bank of Western India, Victoria, Hong Kong, 25th November, 186?.
I have the honor to acknowledge your letter of 23rd Instant; and in compliance therewith, I now beg to state in writing the proposal of the Bank with regard to the circulation of notes, which I had lately the honor of laying before His Excellency the Governor, personally.
The Bank proposes to deposit with Government such amount of Honorable East India Company's or other Government paper as may be expected to equal one half of the circulation; or otherwise to enter into a written agreement to make the said paper an absolute security for the circulation, to be increased or diminished as soon as...
The Honorable,
The Colonial Secretary.
Ye...
the-
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