includesung 3 to

your despatch that

between

is expected

London and Calcutta but,

1

11

I understand right,

J. unde

result is arrived

at

the assumption that

the Hongkong Shanghai Bank is

willing to undertake the

bar silver

mission

from

the funds

bay

to

and

silver

Minden (where the

obtain the greater..

I their supply) transferred from

Hong Kong free of cost.

3

I do not think

#176 per $1000

recover

I observe that the terms

on which the Indian Mail

are prepared to undertake the

foriage depend upon the annual amount required being nearly 4,000,000 & it is not stated at

at rate they would supply

smaller

amount

awaiting your further explanations

on the above points I will

here

coming

E

any decision

on your proposal

that there is

%

suppose

Bank

silver

can

on

entry

that the 19

purchase

better terms

than the Crown Agents,

if good, and I need hardly point out that the smallest fractional difference in the price

would

favor

the assumed

profit to happen

will delay giving

consent to

until I have further information from you

I have

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