should the Government decide to issue a

small note circulation :

I have … J. Stewart

Acting Colonial Secretary.


Lampy

C. O.

583

C

Jy kong and

The Chief manager of bing

Shanghai Bank to Acting Colonial Secretary.

Hongkong & Shanghai Banking Corporation.

Hong kong, 2nd November, 1880.

Sir,

I have the honour to acknowledge

your letter of the 30th October, asking if

in the event of permission being given

to this Bank to open a Branch at Singapore,

we would unconditionally withdraw our

own dollar notes from circulation, should the Government decide to issue small notes.

In reply I am instructed to state that we will be glad

The Honourable Frederick Stewart

Colonial Secretary

Hongkong.

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