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"THE CHIEF MANAGER.
LECRA-ADDRESs.
"PARADISE. LONDON
Copies this only
THE MERCANTILE BANK OF INDIA LIMITED.
40. Threadneedle Street,
London;
C.0.
12146
RECO Rece 3 APR OF
EC
7th April 1909.
412
The Under Secretary of State for the Colonies,
Colonial Office,
sir,
Downing Street, S.W.
The enclosed copy of a letter addressed by me to His
Excellency Sir Frederick Lugard, K.C.M.G., C.B., Governor
of Hongkong, bears on the question of Note Issues and the position of legal tender Currency in that Colony. I have been informed in reply that the points raised are having
the consideration of His Excellency and that I shall in due
course receive a further communication from him.
My object in writing you at the present juncture is to
respectfully ask that no definite action regarding the
Metallic or Paper issues of the Colony, or the privileges and monopolies enjoyed in connection therewith, be taken
without my being given an opportunity of personally pre-
senting to you a statement of the disabilities entailed
by the present conditions not only on ourselves but on the
Government and Community of Hongkong.
I am, Sir,
Your obedient servant,
aus
сссес Chief Manager.
P.S.
I am sending a similar letter
to the Lords Commissioners
of His Majecty's Treasury.