100

by the Crown Agents compared with that of the

two banks which now hold

the money, is a

question

on

which from your larger Knowledge of the circumstances Your Lordship is better able than I to form

6.

an

opinion.

It has occurred to

me that if Your Lordship

should decide that the

maximum to be held by the Hongkong and Shanghai Bank, and the Chartered-

Bank

522

Bank of India Australia and China, is to be retained at $350,000, and yet should be of opinion that there is weight in the considerations stated in the preceding

paragraph,

a solution might

be found in authorizing the Hongkong Government to deposit a certain sum with the reconstituted Chartered

Mercantile Bank. I have not

sufficient information regarding

this bank since

it's

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