Hong Kong.
No. 13143
DESPATCH.
C.O. 13143
3
Com
REU?
REGE 4 JUN 87,
202a) 6000 3
No.
nor.
201.
Date.
1887.
Previous Paper.
Treasury
and
(Subject.)
Shanghai Bank.
for
Transmits Application from the Hong Kong and Shanghai Banking Corporation to establish Agencies in Foreign Countries.
(Minutes.)
I regret that I have overlooked this. The Treasury were pressed in 1884 withdrawing the prohibition against which prevented the Banks setting up branches in foreign countries, "It might give rise to anomalies". I was not more explained.
I can't myself see much objection to banking which does not cut in Banks incorporated under the Companies Act in England, but it is a case for the Treasury.
24. P.
Sept To
2839/89 reminded 27 Jan. I Trea
subsequent Pap
me