In the reply to this Letter the jullowing Number should be quoted.

15.076

78

lis,

15159

TREASURY CHAMBERS,

→ 128

26 November 187 8

I am directed by the Lords

Commipiquers of Her Majesty's

Treasing to state so

to you for

the information of his michael

Hicks Beach, that

They

have

considered your

letter

of the 13th

Treas

Strait

September last, to the effect

that the Secretary of State has

no reasON

to

urge against the

На

proposal of the Hongkong &

Shangha & Bank upon its own

merits, and that it would seem

to him desirable to permit

the Bank to open

He Under Secretary of State

Colonial office

d.

Branch at

Singapore

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