Banks of deposit. you additional
to cover
securities
with
The deficiencies
Specified in para: 2 of
yr letter
C
(Signed) C. P. LUCAS.
کے
415
DOMESTIC.
HONG KONG
No. 7 688.
No.
(Subject.)
C.O.
7688
Rece
REG 1 MAR 07;
Office or Individual.
Treasury
1907 H. Feb
Last previous Paper.
Note Issue Security
Caucus
Issue Security of Athong
Thanghai Bank.
in proposal that quarantie pand beyond G0000000 maybe an approved secanties of expeeces agreement with oft new asti madrisability of any
In the increase of are third sustinutes.)
a termo
95 Copy
Compla
for Strait.
Hopy for St. Kong
it 74. 76m are
The Lafer asked
this fabelly
& March
Mr. Piades
Now tel. to Gov. tha v wo agree to e.tension
of ordinary note issue, limiiva to amount of capital
palo up irom time to time, the e..tension of ordinary
issue beyond 10 millions CO oe fully covered either by
deposit of approved Securities witis C.A.
as made ord. A 1899 92 cxcept that extension in
And send him copy of corresp
93, Coin
fully cover.
There is no objection to the alternative of
securities or coin, as desired by Mr. Addis. That al-
ternative already applies to the one thira security
deposited against the present oruinary issue of 10
su 7500199 lilionsk
millions
and we only approved of investments in-
stead of coin or bullion as a concesion.
Copy of our col.
to Treas. L.F.
• Copy camp.
& Straits htt
( 18) & L, (78) —-028–25000-11-8
Text subsequent Paper
143567
You promised to inform Mr. Addis.
diff comson alme
ALC
2/3
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