блан

I see

that fir C. Addin

have

inserted

"excess" before noth-issue.

The excess with wome

winder 147.

Race be covered by dollar for dillen, though

to the lotat deposit with the ith foot in

dolard is jennally largely in excers

aste issue

Moy

4-0

site case

purposes.

مه

AFC 34/2

ano 635720

the acceptanc

f

of the

TELEGRAPHIC ADDRESS BOH FACE, GRACE.LONDON

ALL LETTER TO BE ADONISED REMITTANCES MADE PAYABLE TO THE "HOA HONG SHANGHAI BANKING CON PORATION,

NOT TO INDIVIDUALS

ze

612 END

Hongkong & Shanghai Banking, woperation. N

Gracechurch Street London, 50-5.

the past

Sir,

These bonds at

part of the security agst the ordinary

will furbally effect the C. Adden's

But t

Treasury Levento.

Puing

Bat 23 de 44

Li

31 dec 19.

Lan dricted & banit

the land before the L. Cs Nth y

You copy of

letter from the the Ph. Banda

nothing of St. fort Bond can be accepted

security upst

them excess with inere. It

unduslood that the intention is to definit

there bonds with the Ith forth.

2. With The' concurrena it

in profond to reply that seemilin cannot be accepted for the excess usturoine, wh

is refund by the HK order the covered by the deposit of

dollar for dollar, but that there is no Afyon to the acceptance of these brad by the H.

fork so fort

delars

of the security for the unthinee othe te the war whissur, wh. way be contend wither by

securities. It will be remembered that thêm Hd fork bench have the furiant of mus

(8igned) G. GRINDLE

72912

December 23rd, 1919.

R.

24 FC 19

I have the honour to enquire whether it would be

permissible to deposit as part cover for this Bank's

excess Note Issue in Hongkong, bonds of the Government

of the Straits Settlements to the extent of

1,500,000.

I have the honour to be,

sir,

Your obedient Servant,

ssaddis

MANAGER.

The Under Secretary of State for the Colonies,

Downing Street,

S.W.1.

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