TO
NATIONAL
SCHE
DISABLED
Telephone No.: Whitehall 1234.
In any reply
please quote Regd. No.
F.11091/2.
2
Dear Boyse,
TREASURY CHAMBERS,
WHITEHALL, S.W.1.
10th November, 1937.
59
I enclose, as promised, notes (which I have
put in the form of separate letters) on the three Hong Kong
questions which we discussed on Monday morning. The
fourth (Hong Kong banking legislation your 53600/37 of
July 29th) we agreed to leave over until you had had time
to become familiar with it and perhaps also the Palestine
banking legislation. But it may be useful if I send you
now the enclosed comments by the Bank of England.
Some
of them are on drafting points; but that on Section 356
(1) is fundamental. My view had been that an intelligent,
though not expert, examiner might do much to improve the
present position by applying the general knowledge
obtainable from an expert Advisory Committee to the
particular problems which would come to his notice in the
confidential information supplied to him by modern style
Chinese banks.
V.H. Boyse, Esq., 0.B.E.,
Colonial Office.
Yours sincerely,