புரட்
I h
<
.Y 3.
1:
1:ཀ་
Je li moble draf elabo001 761) DETS
dra mddie grata Sanaevi 10 2013.
54
Lik
"{A L
'
718
'
1
JJA
Quark rdan besi dur it to
i
-) Achol er coltiv
•pen wist oved bez
,"wald quɛ de BANGICU”
CARCI TEC Bont svoje teJOLL LETACIied st) Lae
mod dirutvel e'die „P¥ DIY Jed) Lardencia, Sa
PET Jon Irvincitur
ridd P
AJDALA JHON) edd
varor or
577
equal to one-third of the amount of $10,000,000, and 35,000,000 of
which, is to be covered by the leposit, in the same manner and under the
same conditions as stated above, of security to the full amount of
$5,000,000.
Any excess of the authorized note issue for the
time being to be covered by the deposit of coin or bullion with the
Hongkong Government as hitherto,
As the question has been before His Majesty's
Governrent for sore line it would appear that the above is as far as
they are prepared to go towards meeting the Banx's application and in
reply to the enquiry in your letter i now beg to say that we accept
the condition imposed.
Looking at the Bank's position, however, as
explained in my letter of 12th. Webruary last, i cannot help expressing
great regret that the Secretary of State for the Colonies lil not see
his way to authorize an increased note issue automatically with the
increase of Capital as in the present Urdinance, and I venture to hope
that at some future time it may be found possible to modify the
conditions.
I now beg to enquire if H. 8. the Governor will
approve of the introduction of a bill in the Legislative Council
amenling the Ordinance in accordance with the foregoing conditions and
extending it for the usual period of 21 years.
ๆ
I have etc.,
(S3.) J. K. K. Srith,
Chief Manager.
は