by the Government of Hong Kong Through the Treasury Chest By means of Bills upon this Board, by certificates; and that the Earl
of
Cameron has
accordingly caused such
the
with you
Shall
devise
measures
appear to be
necessary for the purpose
and therefore to desire
that you will be guided by the following general direction in
making any arrangement for the receipt of
Colonial remittances such
the Treaty
(1) Such sums only
shall
be received as shall not be in
excess of the anticipated requirements
of the Chest
as to the
(2) Bills at thirty days' sight may be desired (exempting such as
may be necessary
to replenish the
means of the negotiation.
294
Bills; such Bills being granted
to the Colonial Government at the
for those desired by public tender, or,
lowest rate obtained,
in the event
of any public negotiations
being effected, at the current sale
rate afforded by a Banker's
the
Certificate.
(3) Certificates such
be
granted to the Colonial Government; payable
in this Country at sight; Should that form be preferred
Exchange for dollars at 4s. each
(4) In the event
of any sums thus remitted being paid otherwise than through the Oriental Bank, such coins only
are to be received as shall be available for
this purpose as the Treasury Chest (5) All remittances through the Chest to be immediately reported to this Board.
For the Act Secretary
C22