160
the rate of paying Exchange cannot be altogether wound up, as he seems to continue to guarantee a higher rate of pay for China, in consideration of the cost of living, Allowing he would issue the Boiler, if not for the
Entered
Auswd. 12 March 1944
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Juna
22nd
With reference to the correspondence on this subject of the currency in the Secretariat Dispatch 7/61 of Hongkong. I note that it is expressed in Sterling, at a higher rate. W. Foleren 15. them 4/2.
Mr Stack's draft appears to do all that is required. It will be necessary I think to explain that the payment of freight etc. in the acute need some of the learned sentiments. Stimulant My W pan Colony, after the change in the Currency shell represent Sterling, as well as £. The Treasury might fix the rate of conversion from time to time.
Duke of Newcastle
In reply to Treasury's second letter, such as mine enclosed herewith. WJ7
directed by the Bank of England, the lament for the consideration of the hands (copy. the Treasury a coin of a despatch from Uno (with copy of comments attached) Brussels reporting the latest intelligence in cafes to a despatch from
4005 Hong Kap
& enclosures &porels of comes. this despt 2/ this 3. Kodi