i
Dear Sir,
534
Hongking and Haughri (Shanghai Banking Corporation,
Hing Kong 11th March 1875.
Referring to the private meetin recently held about the National Bank note issue, it would not do to forbid the issue of Bank Post Bills, as such a prohibition would make illegal at least wire tenths of the documents issued by Chinese Bankers and Mer- chants in the conduct of their busines with each other.
They make
make payments
payments in what are called Bank Orders, there are usually
of ten days date, and they.
are
the
eract equivalent of what we call a Bank Post Bice.
Foreiger Banks
never cons
post bills locally, if they attempted
to do so
they would not arcceed.
The