barge from the
simedial
sum is required by
them they will telegraph.
It will
you, stating that they propose to draw such larger amount. In future henceforth be the duty of the newly appointed Treasurer to keep him self acquainted with the wants of all the dept. I to request the Col. Sect.
Stilla
to instruct the agents to draw
accordingly & more than $50,000 fortnightly.
6. The Agents will place on deposit at short notice any amounts that will thus be in their hands beyond their immediate requirements. The interest which will be obtained on such short deposits, generally about 1 1⁄2 percent below Bank of England rate of discount from time to time, varies but on average will probably not be appreciably (if at all) less than the two per cent which is now obtained in Hongkong on the balances of current account. In pointing out therefore that we lose by this arrangement, while gaining greater security.
7.8 Under these new arrangements the balances of current account should...
However, to follow the exact output format as requested, here is the revised version:barge from the simedial sum is required by them they will telegraph. It will you, stating that they propose to draw such larger amount. In future henceforth be the duty of the newly appointed Treasurer to keep him self acquainted with the wants of all the dept. I to request the Col. Sect to instruct the agents to draw accordingly & more than $50,000 fortnightly.
6. The Agents will place on deposit at short notice any amounts that will thus be in their hands beyond their immediate requirements. The interest which will be obtained on such short deposits, generally about 1 1⁄2 percent below Bank of England rate of discount from time to time, varies but on average will probably not be appreciably (if at all) less than the two per cent which is now obtained in Hongkong on the balances of current account. In pointing out therefore that we lose by this arrangement, while gaining greater security.
7.8 Under these new arrangements the balances of current account should...
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