:

in penge of reflicks has now decided to adopt, he is disposed

to consider that the whole of the arrangements

connected with the sale of Exchequer Bond in Hong

Kong should, as indicated in

left to the focal banks.

3.

If June, and.

Com cucasica trat the Colonia in

Cicular dashale

Atta 1212 June circular be

would be glad to bam Mr.Bonar Law proposes to reply in view their Cordstrips late of

what v

this genee-t the Governor's communications, but

sussertions; and he would alov be obliged before doing so he would be glad if he might be

thew

favoured with Their Lordships observations upon

the Governor's enquiries with respect to the

payment of income tax on Exchequer Bonds purchased

by residents in Hong Kong, and he will

to be

this

I am etc.,

A

of which a city Encored for com

of reference.

(29)

ult

the 27thst

advised what answer should be returned to the

Governor on these point. A similar question was raived as

regards Ceylon in the letter from the office of

1

(Signed) G. GRINDLE

May 24

1916

I June

Last previous Paper.

Fo 134870

70.

есе

امی

HONG KONG

739

REC

37551

REG 9 AUG 16

87551

Mail

the "Japan

"Sakan"

Repons circu

which

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for magnaphten

Alis

comy

T.CH.

10/8/16

تنا

examined.

Sh2

70

47, Welling

2.6.1.

Each ca

At once

Ale

10.8.16

17

Next subsequent l'aper.

(441) Wt. 14758-1. 97,000 7/18. B&B.

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