THE NATIONAL ARCHIVES
2
1
2
Ins
Ref.:
CO 537/1369
w
00147
cma
N
Ref.:
CO 537/1369
THE NATIONAL ARCHIVES
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restrictions. Further information is given in the enclosed 'Terms and Conditions of supply of National Archives' leaflet Please note that this copy is supplied subject to the National Archives' terms and conditions and that your use of it may be subject to copyright
(1/49) (442(B) Wt. 18047/424 30m. 7/45 C.N.Ld. 748
C. O.
Mr..
Caine.
Mr.
Mr.
Mr.
Mr.
DRAFT.
27/2
Personal & Confl
A. Mare, Esq. C.B. G
Пане,
THE CHIEF MANAGER,
HONG KONG AND SHANGHAI
BANK.
507
Cafy 14. to
H&K (
FURTHER ACTION.
HAHang AMAN
in the category under consan heng which
2 Coppieth. N. 6. Young, Copy to Biry McDougall
Wichen aft.
H.K.
15117/2/46.
of S.27.2 at once.
Permt. U.S. of S.
Parly. U.S. of S.
Secretary of State.
Sir,
وف
C
Economic.
14/16
144
25 February, 1946.
28 FEB 28
I am etc. to inform you that he
has had under consideration the position
at the instana
created by the issue by the Japanese
authorities in Hong Kong during the occupatio
of that Colony of certain previously
un-issued notes of the Hong Kong and
Shanghai Banking Corporation, which were
psised by them, to a total value' of
119,800,000
$190 million.
It will be recalled that when
information was received of the irregular
issue of these notes a warning was
issued through banking channels in China tha
the notes might not be in due course
accepted by those responsible in Hong Kong
and that subsequently, on the liberation of th
Colony, a proclamation issued under the
authority of the military administration
which re-established the legal tender
position of notes lawfully issued by the
note issuing banks of the Colony made an
high damminatin
exception in respect of these notes, which 2 tomiing to table of the Jahrusse. issssed antigony, a hic
the proclamation announced would not be
accepted by the military administration.
It should be noted, however, that this
proclamation did not purport to decide the
question whether or not the notes are in du
course to be regarded as having been le galiy
/issued