Telegraphic ADDRESS CON.PACE.CHAZE

ONDIIN,

...ETTENS TOU DE ANDREISEN

TAMEN MAKE PAYKELE TE TAK ALASKANOMAL BANKING CORPORATIO

Attach

MOT 10 INDIVIDUA

Your Reference 3943/1920.

369

Hongkong & Shanghai Ranking Corporation.

9. Gracechurch. Freet, London, 151.5.

RECEIVED

7 FEB 1920

COL OFFICE

February 2nd, 1920. R.

Sir.

I have the honour to acknowledge receipt of your letter

of the 5th instant and thank you for the information it con-

tains that the Lords Commissioners of the Treasury are agree-

able that the Hongkong Office of this Bank should be permitted

further to increase its issue of one-dollar notes up to a

limit of 2,000,000.

I note that the remission of the tax of one per cent,

which was waived for the period of the war, is not to be con-

tinued after the end of the war.

I am, Sir,

Your obedient Servant,

úsardio

MANAGER.

The Under Secretary of State,

Colonial Office,

S.W.1.

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