On the ground that it will be inconvenient to have different charges for Hong Kong from that for the colonies, and that it is not worth while to raise this controversy for the sake of saving £20,

I agree.

24. 18 ms que roast

2

Rm 2078

ALL COMMUNICATIONS TO BE ADDRESSED TO THE CROWN AGENTS FOR THE COLONIES.

74202 C 0.

512

14633

REC?

FG 16 AUG 26,

DOWNING STREET, LONDON.

14th August 1886

With reference to your letter of the 19th ult: I have the honour to offer, for Mr. Secretary Stanhope's consideration, the following observations on despatch No. 222 of the 26th June last from the Officer Administering the Government of Hong Kong, which is herewith returned.

When the Secretary of State's despatch of the ? February last on all loans was written, the commission charged at this Office on loans issued for Colonial Governments was, and still is, ¾ per cent.

Colonial Office

Bury.

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