Enclosure:

REC

20058

Minute by the file

The Colonial Treasurer

11

So far as can be seen, it will be necessary to continue the fortnightly consignments which should consist of three million instead of two million five hundred thousand pieces. The first consignment received in the middle of July was paid out day by day, and the Consignment received on Saturday the 24th July has already been taken up.

I had an application today from the Chinese Bank for $40,000 worth, and another from a German firm for $3,000 worth.

Mr. Jackson is advising throughout and I regret...

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