CO129-135 - Public Offices & Others - 1868 — Page 7

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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and to vary such rate as often as may be considered necessary; on the understanding that the rate thus fixed shall be sufficient, but not more than sufficient, to enable the Post Office to remit to this Country any balance that may become due.

As regards Orders drawn in this Country on Hongkong, Shanghai and Yokohama, the proposal of Messrs Rea and Mitchell was that they should be paid at one penny per dollar lower than the drawing rate; for example, if the drawing rate at which Orders are issued is 4/4½ per Dollar, the rate at which Orders should be paid would be 4/4¼. The Postmaster General fears, however, that this difference between the issuing and drawing rates of one penny might tend to discourage the Public in remitting Money, by means of Money Orders, to China and Japan.

And he has decided, therefore, that for the present, the rate per Dollar shall be the same whether for Money Orders issued or paid. All Orders, whether issued in this Country or in Hongkong, Shanghai, Yokohama, shall be drawn in Sterling.

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and to vary such rate as often as may be considered necessary; on the understanding that the rate thus fixed shall be sufficient, but not more than sufficient, to enable the Post Office to remit to this Country any balance that may become due. As regards Orders drawn in this Country on Hongkong, Shanghai and Yokohama, the proposal of Messrs Rea and Mitchell was that they should be paid at one penny per dollar lower than the drawing rate; for example, if the drawing rate at which Orders are issued is 4/4½ per Dollar, the rate at which Orders should be paid would be 4/4¼. The Postmaster General fears, however, that this difference between the issuing and drawing rates of one penny might tend to discourage the Public in remitting Money, by means of Money Orders, to China and Japan. And he has decided, therefore, that for the present, the rate per Dollar shall be the same whether for Money Orders issued or paid. All Orders, whether issued in this Country or in Hongkong, Shanghai, Yokohama, shall be drawn in Sterling.
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ແລ 5 and to vary such rate as often as may be considered recessary; on the Eunderstanding Hi at the rate thus fixed shall be defficient, but not more than sufficiench, Brave the Post Office from togs in remitting to This Corentry any become due. balance that may Ces regards Orders drawn in this Country on Hongkong, Shanghal at Yokohama, the proposal of mess? Rea and Mitchell was that they should be Jenny per dollar lower paid at one thaw the drawing rate; for example, if the drawing rate at which Orders are issued by 4/4 1⁄2 per Dollar, the vale rate at which Orders should be paid would be 4/54. The Postmaster General kars, however, that this difference between the issuing of one penny aud drawing rates might tend to discourage The Public in remitting Money, by means Japan, of Money Orders, to China and And he has decided, therefore, thuat, at ale ments for the present, the exté per Dollar shaleler the same whether for Turney Orders issued or paid. All Orders, whether issued in this Country or in Hongthong, Shanghae. γι Yokohama, kunch be drawn in Sterling T R
2026-05-20 00:24:19 · Baseline
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ແລ

5

and to

vary

such rate as

often

as

may

be considered recessary; on the Eunderstanding

Hi at the rate thus fixed shall be defficient,

but not more than sufficiench, Brave

the Post Office from togs in remitting to

This Corentry any

become due.

balance that may

Ces regards Orders drawn in this

Country on Hongkong, Shanghal at Yokohama, the proposal of mess? Rea

and Mitchell was that they should be

Jenny per dollar lower

paid at one

thaw the drawing rate; for example,

if the drawing rate at which Orders

are

issued by 4/4 1⁄2 per Dollar, the

vale

rate at which Orders should be paid

would be 4/54. The Postmaster General

kars, however, that this difference

between the issuing

of one penny

aud

drawing rates might tend to discourage

The Public in remitting Money, by means

Japan,

of Money Orders, to China and

And he has decided, therefore, thuat, at

ale ments for the present, the exté per Dollar shaleler the same whether for Turney Orders issued or paid.

All Orders, whether issued in this Country or in Hongthong, Shanghae.

γι

Yokohama, kunch be drawn in

Sterling

T

R

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