52
copy of Ordinance No. 1 of 1893, entitled an Ordinance to declare the terms and conditions applicable to loans "authorised to be raised by "the Government of "Hongkong" and to provide for the creation of Inscribed Stock!
Attached thereto is a certificate by the Attorney General that the Ordinance is one which is not contrary to the Governor's Instructions.
Jan 7.
Encl: 1.
16th Jany.
With 6 spare copies.
Encl: 2 (1893)
2. The draft of this Ordinance was received with Your Lordship's predecessor's despatch No.200 of 27th July, 1892, and the only alteration that has been made therein is the substitution of "may" for "shall" before "if practicable" in subsection (a) of section ...
When the Bill was in Committee a doubt arose whether "par" in that sub-section meant the ordinary par of 100 per cent, or the par of the rate at which...