terms of
of on
an desp" on 4077/93, which ong allowed the H.S. Bank, and the Chartered Bank to hold
$200,000
+ $150,000
and
respectively
as long as only two Banks in the
Colony Banks.
are
are
Employed
If three
employed, the limit
in those two Banks should be reduced, and the total limit must not in any case be exceeded.
See memo
17111
As this limit has now for some months been exceeded we should authorize the Agents to draw for $300,000, and tell S.W. to telegraph in future for them to draw whenever the limit is again exceeded.
& the money in a safe
interest (where it
w
in accordance with previous instructions.
I submit drafts for comment, dealing also with the other points raised
in the despatch
4
S.W. 9.14/10
N.171.
16311
C.O.
16730
RECEIVED
2 00 96,
518
Government House,
Hongkong, 28 August, 1893.
My Lord Marquess,
On my despatch
N.167 of 22nd instant I stated that I should shortly have the honour of addressing
The Right Honourable
The Marquess of Ripon, K.G,
etc.
Se
Here is the corrected version in HTML format as requested:terms of
of on
an despatch on 4077/93, which originally allowed the Hongkong & Shanghai Bank, and the Chartered Bank to hold
$200,000
+ $150,000
and
respectively
as long as only two Banks in the
Colony Banks.
are
are
Employed
If three
were employed, the limit
in those two Banks should be reduced, and the total limit of $350,000 must not in any case be exceeded.
See memo
17111
As this limit has now for some months been exceeded we should authorize the Agents to draw for $300,000, and tell S.W. to telegraph in future for them to draw whenever the limit is again exceeded, and to place the money in a safe interest (where it will be in accordance with previous instructions).
I submit drafts for comment, dealing also with the other points raised in the despatch.
4
S.W. 9.14/10
N.171.
16311
C.O.16730
RECEIVED
2 00 96,
518
Government House,
Hongkong, 28 August, 1893.
My Lord Marquess,
On my despatch
N.167 of 22nd instant I stated that I should shortly have the honour of addressing
The Right Honourable
The Marquess of Ripon, K.G,
etc.
Secretary ...
Corrected and formatted according to the given instructions.