that this is intended

as a rough approximation to the billion value of

Regarding

A formed

the com

Ju

I cannot,

...

Ahead

Moreover, consider that even with this limitation

the

Minister arrangement is satisfactory.

In such a case A

as

Colony community

stay ... the

of

am a

the danger time of

subsiding during is ...

to me ...

remote, and

there is special

reason

for restricting it to its

present function

5. I have accordingly to request that you will invite the Bank to substitute dollars or

billion for this subsidiary ... if it is still detailed

with 'the Colonial Treasurer'.

DRAFT.

Treas

12144

01

The Secretary to the

Treasury

A.F.

5.25/4

1. Lucas 25?

As 146

To Gov. 1. Kay 26 Apr. (after hemith)

drafts

Annex, 155-3p

I am directed by the Secretary of State for the Colonies to acknowledge the receipt

of your letter (5469/01)

of the 6th instant respecting the deposit

with the Colonial

Treasurer, Hong Kong, of ... security against the note issue of

the Hong Kong and

... Shanghai Banking ...

... and to transmit

for the information of the

...

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