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Enclosure 2.
C.0.
· 35645
REC
¡Rec: 30 OCT 09
'A'.
Colonial Secretary's Office,
Hongkong, 15th. April, 1909.
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I an directed to inform you that His Excel-
-lency the Governor has at the present time under consideration
the question of the introduction in this Colony of a Government
Note Issue on the lines of the system already adopted in the
Straits Settlements and I am to enquire what are the views of
your Corporation on the subject.
2.
This matter was last under consideration in
1899 when the Government decided to await the result of the
experiment in the Straits Settlements, which appears to have
been attended by a certain measure of success.
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I have etc.,
(sd.) F. H. May,
Colonial Secretary.
Hongkong and Shanghai Banking Corporation.
(Note: Similar letter addressed to the
Chartered Bank of India, Australia
and China; and the Chamber of Commerce.)