In the reply to this Letter the following Number should be quoted.
3
15261
1900
C.0.
29603
Rec
A. 10
SEP COL
TREASURY CHAMBERS,
127
8 September 1900.
Kules
9285
1900
sir,
With reference to Mr Cox's letter of the 30th
March last, respecting the Note Guarantec deposit of the
Hong Kong and Shanghai Banking Corporation, I am directed by the Lords Commissioners of Her Majesty's Treasury to acquaint you, for the information of the Secretary of State for the Colonies, that the Corporation has recently advanced a, sum of £75,000, on loan to the Viceroy of Wuchang at the instance of, and on the guarantee of
Her Majesty's Government and that one of the conditions on which the Bank agreed to make the advance was that This Board should, while the loan remains outstanding, authorise
the release of a corresponding amount of the securities
held for the Note Guarantee Fund.
I am accordingly to transmit to you the enclosed
copy of the Guarantee which has been given to the Bank, and to request that it may be held by the Crown Agents for the Colonies along with the Note Guarantee securities, and
that Consols to the nominal value of £75,000, now included
among those securities, may be released and placed at the disposal of the Bank.
The Under Secretary of State,
In
COLONIAL OFFICE.