C
322
D
of delivering the Order to the Remitter for transmission to the Payee, and as the Order will contain the name of the Office at which it is to be presented, it is necessary that this information should also appear in the Advice Lists. The patterns, as originally drawn up, seem to be adapted to an exchange of Orders by means of Lists only, the receiving Office of Exchange having to determine from the address the nearest Office of payment.
As no question of principle is involved but it is simply a case of error, there is no need to refer the point again to the Hong Kong Post Office; and the London Money Order Office has accordingly prepared fresh patterns of a suitable form, which can doubtless be accepted as substitutes for the originals.
Probably the explanation of the error lies in the fact that the United States Post Office first proposed an exchange of Money Orders by means of Lists only, and that the Hong Kong Office, while preferring the direct transmission of the Orders from Remitters to Payees, has failed to amend, in accordance with its views, the original forms prepared by the United States Post Office.
Article 15 of the Draft provides for the payment of the quarterly Balances by means of Bills of Exchange on London for the equivalent in sterling of the amount of such Balances.
If the amounts of these Bills are to be dealt with in this Office as Remittances on account of Money Order transactions between the United Kingdom and the United States or Hong Kong, as the case may be, it should be understood that this procedure could be followed only so long as the Post Office, to which the remittance is to be credited, is in debt to the Post Office of the United Kingdom on current account.
Both the United States and Hong Kong Post Offices do at the present time remit to this Department on Money Order Account, and there is no reason to suppose that the flow of remittances will change.
End
The Marquis of Ripon will no doubt think it right to have the foregoing observations communicated to the United States Post Office.
This Department would be glad to have a copy of the Agreement when finally approved.
I am, Sir,
Your obedient Servant,
H. Buxton Forman
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