CO129-114 - MacDonnell - 1866 [7-8] — Page 548

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

543.

that acting under the advice of them Attorney General I caused an Extension to be issued on behalf of the Crown for the recovery from the branch Bank here of the Amount of the Bills remitted by this Government to the Crown Agents and Post Master General, which would be dishonored on presentation.

2.

The amount of dollars originally paid for these Bills has been recovered with interest at the rate of 12.00 per Annum and fresh Bills drawn on London and County Bank were forwarded by last mail - £15000 to the Crown and £2162.8.10. to the Post-master General. The rate of Exchange in England now ruling is so much lower than that existing when the Original Bills were purchased that, notwithstanding the high rate of interest recovered, this Government will still be a loser by the transaction - however the Money was so urgently needed by the Crown Agents that I was obliged to remit on the most favorable terms.

3.

I also sent a second bill for £2891.5.0. to the Crown Agents for the general credit of the Colony and believe that there are now sufficient funds in England to meet our current disbursements and pay the Quarterly instalments of the Military Contribution for the March and June Quarters.

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543. that acting under the advice of them Attorney General I caused an Extension to be issued on behalf of the Crown for the recovery from the branch Bank here of the Amount of the Bills remitted by this Government to the Crown Agents and Post Master General, which would be dishonored on presentation. 2. The amount of dollars originally paid for these Bills has been recovered with interest at the rate of 12.00 per Annum and fresh Bills drawn on London and County Bank were forwarded by last mail - £15000 to the Crown and £2162.8.10. to the Post-master General. The rate of Exchange in England now ruling is so much lower than that existing when the Original Bills were purchased that, notwithstanding the high rate of interest recovered, this Government will still be a loser by the transaction - however the Money was so urgently needed by the Crown Agents that I was obliged to remit on the most favorable terms. 3. I also sent a second bill for £2891.5.0. to the Crown Agents for the general credit of the Colony and believe that there are now sufficient funds in England to meet our current disbursements and pay the Quarterly instalments of the Military Contribution for the March and June Quarters.
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543. that acting under the advice of them Attorney General I caused an Extens ti bc issued behalf of the Crown -for the recovery from the branch Bank here of the Amment of the Bills remitted by this Government to the Crown Agents and Po Agents and Post Master General. which would be dishonored on presentation. 2. The amount of dollars originally paid for these Bills has been recovered with interest at the rate of 12:00 per Annum and fresh Bills drawn on London and County Bank were. the forwarded by last mail my £15000 to the Crowm and ₤2162.8.10. to the Agents Post-master General. The rate of Exchange in England O now ruling is } 1 so much lover than that the Original Bills une existing when piss chased that. not withstanding the high rate of interest reevverest this lyovernment will still be a loser by the transaction - havouer was so urgently Money needed by the Crown Ano Agents that I whether the exchange other viso. 3. obliged to remit farrable ༦༽ I also sent a second bill for £2891.5.0. to the Crown 5.0. to the Crown Agents for the are now in general credit of the Colony and believe that broficient funds Songland to meet our current disbursements and pa the Quarterly instalments of the Military Contribution for the March. and June Quarters - J will make a
2026-05-19 11:17:49 · Baseline
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543.

that acting under the advice

of

them

Attorney General I caused an

Extens

ti bc

issued

behalf of the Crown

-for the recovery from the branch Bank

here of the Amment of the Bills

remitted by this Government to the

Crown Agents and Po Agents

and Post Master General.

which would be dishonored on presentation.

2.

The amount of dollars originally paid for these Bills has been recovered with interest at the rate of 12:00 per Annum and fresh Bills drawn on London and County Bank were.

the

forwarded

by last mail my £15000 to the Crowm

and ₤2162.8.10. to the

Agents

Post-master General. The rate of

Exchange in England

O

now ruling is

}

1

so much lover than that

the Original Bills une

existing

when

piss chased that.

not withstanding the high rate of interest

reevverest this lyovernment will still be a

loser by the transaction - havouer

was so

urgently

Money

needed by the Crown

Ano

Agents that I whether the exchange

other viso.

3.

obliged to remit

farrable

༦༽

I also sent a second bill for

£2891.5.0. to the Crown

5.0. to the Crown Agents for

the

are now in

general credit of the Colony and believe that broficient funds Songland to meet our current disbursements

and

pa

the Quarterly instalments of

the Military Contribution for the March.

and June Quarters -

J

will make a

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