372)

Jual &

70.118458/143

HONGKONG AND SHANGHAI BANKING CORPORATION,

9, GRACECHURCH STREET,

LONDON, E.C.

March 19th, 1914.

287

Dear Sir Walter:-

I enclose a copy of a telegram, received

from Peking, suggesting that part of the £2,000,000

Chinese Reorganisation Loan funds earmarked for the

reorganisation of the Salt Gabelle might be used, tem-

porarily, for the purpose of rehabilitating the

Canton Provincial Note issue.

I enclose also a copy of my reply sent yes-

terday, pointing out some of the difficulties in the

way of carrying out this suggestion.

Yours truly,

(Signed)

C.S. Addis.

Walter Langley, K.C.M.G.,

C.B..

&C.,

&C.

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