Further inte
if the main consent
to Sis me. Dummy's proposed
M. Ang
Arrangement, I don't think the
Bank will accept it for the houst
1
for their own safety keep at least
25% of the value of theirs note issue
and the porprend
hummediat available, and
1
therefore amount to locking up
75% o
The value of
he look
1
the imme
The cart
y
instead of 33% is wate
and about 46% in recules.
notes is h
looked upis
und the
COMMUNICATIONS TO BE SAND REMITTANCES PAVLE TO THE MANAGER"
14701 RECP 518Hongkong & Shanghai Bank Chapel Ven.
31, Lombard Street, London, E.C.
21st June 1892.
The Under Secretary of State
for the Colonies (Commercial Department),
Downing Street
Sir,
I
beg to enclose, for your
information
I have
copy of
this
lette
day addressed
to the Lords of Her Majesty's
Treasury,
with reference
to the
Securities
Lee muunter
Bankin
Place of
16197
87
Jam
and5/Ratin Entire te
authoriti
Un Barcha
In Dental
deposited against the
Bank Note
I have the honour to remain,
Sir,
Your most obedient servant,
Managers
16.8.92
Page 1
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