understood that on the occurrence of a vacancy the salary of the Clerk in the Colonial Secretary's Office is to be again reduced $400-
Thavet K.
Hong Kong
D. G. N. 33 No. 8268
Governor
Date Kennedy 33
1872 June 19
Last previous Paper.
7/93 71839 169
(Subject.)
DESPATCH.
AUC15 144
Transfer of Government Current Account to Hongkong and Shanghai Bank
Auswt. - 115-21. Aug-st 1872
(Minutes.)
Mr. Fede
This is merely an arrangement by which the Government Account has been transferred from the Oriental Bank to the Hong Kong & Shanghai Bank- as the latter were willing to allow a higher rate of interest on the moneys placed in their hands than the former
I consider the change advantageous to the Colony
Onay