lub

vay

сик

in ten months the dollar may

3d either way. The food to monttity instalment (whide

aught

mally tot equal to £5), the man

is likely If, as is

months

lofore the ten the dollar has fallen t

must

раг enough

over

the

fort will get

instead of

are

819

only the equivalent of £4.17.6. If

on the other hand the dollar has gone

up

to

It did last year.

2/3 the of

fort will

£57.12.6.

Seem

advance

tthe

aumant

to the

starting

ful the equivalent.

Botte these results

made

wrong.

Thee

in skrling &

ngut to pq back such

Dollars

д fork the

no

{

ume

will restal

зания

1 Paul this aut

the spaccion arrangment

teat

no

Suram

(185

не

express the only satisfactor for the

at the current rate

ropar exchings of the day

each instalment is

I think ben bast cover is 4-

explain had L.A. have note

m

paid.

کا

z

which

RES 25/1/09.

od with

Archstente.

tonglet the proper prender

but sticking

whappens the min

in her standing's

288077-

W. & S. Ltd.-16679-6000-10-07.

37

-1979-6000-4-08.

alone

No.

Hongkong.

My Lord,

REC

711

Reef 7 JANOS

Government House,

Hongkong, 3rd. December, 1908.

353

With reference to Your Lordship's

L. 34518/08 despatch No. 237 of the 15th. of last October, I have the

honour to request that advances of this nature may be con-

verted at the current rate of exchange for the month in

which they appear in the account of the Crown Agents for

the Colonies with this Government, and that the officers

to whom such advances are made may be required to repay

such amount in dollars by instalments, in order that there

may be no question of loss or gain on exchange in connection

with the loan.

THE RIGHT HONOURABLE

26

THE EARL OF CREWE,

&C. 1

200

&C • •

I have the honour to be,

My Lord,

Your Lordship's most obedient,

humble servant,

Mugard

Governor, &c.

BleL

}

}

Share This Page