17
Montrose cannot
of
to diminish by
one
agree to my suggestion
half the rates of
commision proposed to be charged
on
money anders between the United Kingdom
und Hongkong, Shanghai and Yokohama, thout that His Gpase is willing to consent fent
to their being fixed at three-fold instead of four-fold the rates charged Orders grunted and payable within the
United Kingdom.
on
money
As however this lovemment is left
bee to fix the rate of
of Commision
charged in bhina and
to be
Japan, and as
the principal object which I have had fin view has been the benefit of the Public, expecially the poorer clupes, and that object would be defeated by high rates of Commissions.
I have instructed the Pastmaster Geveral
of Hongthing to establish a peale follows.
On pums not exceeding
Above £2, and not.
not exceeding
مات
£2.
12
まる
24
む
42
Above £5, and not exceeding by
Above I), and not exceeding £10
No order to exceed $10
45
or to contuin the
puctional part of a penny.
If any higher rate tham the above
were insisted
on,
it is evident that
CH
remitters of small sumo would find it
cheaper to purchase Bills from the Bank's liberal in the issue of such
which
are
very
question
Bills. It would then simply be a
the lower the Stamp duty
which
payable
лоско
com
the Bills,
on
the
Commission
No comments yet.
Private notes are available after approval.