+4
VIGI
---
--
tile Bank f ̧would be to put them in a more fa-:
vourable position than either of the other two Banks.
ay as well send out copy of the present Treas.
ster too to show how strongly T.Ls. object..
Сору
사
Է
autot tra
16. 14
Fft. Comor
буч
In the reply to this Letter the following Number should be quoted.
9626
14
M Chris
Sr. J. Andersa spoke tome
Day: he says the Dank
the placed
A na
Li
нижито
· sey squality with the
other Tanks the wishes a sens
official litter opp to the manager
(M. P. Mold) Lene tilting him what hashakpened see what comes
a
from the deep four to 15 kong
bit ft Joe conson
Bestper
git
Sir,
C.O.
TREASURY CHAMBERS.
4
20016
May 1914.
Hec
(REG 2 JUN 14)
I have laid before the Lords Commissioners of His
Majesty's Treasury Mr. Read's letter of the 7th instant
(13361/1914) forwarding a copy of a despatch with its
enclosures (original enclosure returned herewith) from the
Governor of Hong Kong relative to the note issue of the
Mercantile Bank of India.
In reply I am to request you to inform Mr.Secretary
Harcourt that My Lords, who as Mr. Harcourt will remember agreed with very great reluctance to the concession of note issue powers to this Bank in 1910, would most strongly deprecate any revision at the present date of the terms on which the concession was then granted. The terms now suggested are the same as those which were preposed and rejected in Treas
1910, and as stated in Treasury letter of the 25th June 1910 19449 (3523/10) they would, if granted, result in the placing of the Mercantile Bank in a more favourable position in regard to its note issue than either the Hong Kong and Shanghai Banking Corporation or the Chartered Bank of India Australia and China.
The Under Secretary of State,
Colonial Office.
I am
sir,
Your obedient Servant,
2. hath
¿