In the reply to this Letter the following Number should be quoted.

2539

95

2933

Rest

REC 18 FEB TREASURY CHAMBERS,

16 February 1895

310

For

2507

Sir,

With reference to Mr Ebden's letter of the

12th instant, I am directed by the Lords Commissioners

of Her Majesty's Treasury to request that you will state to the Marquess of Ripon that They see no reason for altering the provisions of Clause 2 of the draft Hong Kong Note Ordinance whereby existing rights of issue and of re-issue

are safeguarded. Whilst, however, Their Lordships are

not prepared to advise the Secretary of State to prohibit re-issues of Notes by existing Banks They see no reason why Returns should not be required from all Banks of the

amount of their issue

The Under Secretary of State

COLONIAL OFFICE

I am,

Sir.

Your obedient servant,

Easternsillon

Re

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