in the Enclosed copy
letter to Hong Kong & Shanghai
Bank, as part security against one third of
their
£1 note issue ($ 2,500,000),
the remainder of
the security being deposited with the Col. Sec. I think
an
arrangement should be made with the
Trustees
for the Hongkong Col. Treasurer:
in the
shape of Chinese
302
Specie Bank
amounting at present to
$ 1,130,356. I am to add
with reference to
the seventh par. of
the Enclosed letter, that the instructions about proposed to
be sent to the Bank
of Hongkong with
a view to securing
that the total
amount
of
securities deposited
in England & in
Hongkong being kept
up