note-issue in the Straits Settlements.
With regard to the application of the Mercantile Bank of India (Limited) I am to observe that there can be
no question of permitting fresh note-issues by private banks
in the Straits Settlements, now that a State issue on
properly regulated lines has been established in that Colony. As regards Hong Kong, My Lords suggest that the Secretary of
State may see fit to consult the Colonial Government and to communicate his views to This Board when the general question of the Hong Kong paper currency is under review (Treasury
letter of 8th October 1898).
I am,
Sir,
Your obedient servant,
1
Entremilla
DRAFT.
Hong
Kong
Treas
25913
98
Hong Kong
Starts
613-
624
No. 308
Garmor Sii H.A. Blake
заста
Mr.
MINUTE.
Johnson 24/11
Mr. Wilson 24.
XMr. Cox, 24-
Mr. Lucas.
Mr. Graham.
X Mr. Wingfield. 244
Earl of Selborne.
Mr. Chamberlain.
f
H. Kas Dift fordian
ans 4.7500
maend
Sui
25 No.98
I have the honour
to acknowledge the recept
the
of Major General Blacks desfutch No. 216 of. 18th of July, submitting
Thussane
for the
desfate
actic
raft
0
dinance No. 1 of 1895
"to amend the H. Mang
Indy
and Shanglion Bank Ind
fundment Ord. %, 1882.
2. This Indiiance