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Shanghai Bank, would not involve the rejection by His
Majesty's Government of the Advisory Committee's report. If the Indemnity continues to be collected (and if it is not
collected, then the Committee's report ceases to have any practical application) future funds can still be handled in the manner advocated in the report of the Advisory Committee.
I have the honour to be,
Sir,
Your most obedient humble servant,
C. CLEMENTI
Governor, &c.