!

Any reply to this letter should be addressed to-

THE SECRETARY,

TREASURY,

WHITEHALL, LONDON, S.W, 1, and the following number quoted.

32280

19

TREASURY CHAMBERS.

со

4489August, 1919.

2 AUG 19

519

Sir,

955

I am directed by the Lords Commissioners of His Majesty's Treasury to advert to Treasury Letter of the 25th February, 1915, (4506/15), on the subject of the opening of new branches and agencies by the Hong Kong and Shanghai Banking Corporation, and to request you to inform Secretary Viscount Milner that They have received an application from the Corporation for a general authority

to open new branches or agencies at such places in China, Manchuria or Korea as may be required.

My Lords are not aware of any objection to the establishment of branches at such places, subject to the requirements of local law, but They would be glad to learn, before issuing Their warrant, whether Viscount Milner has any objection to offer to the proposals of the Bank.

he Under Secretary of State,

Colonial Office.

I am, Sir,

Your obedient Servent,

Marlbor

7x

BSN

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