Rits present and the Philippines have been gradually forming a business connection with Hongkong. Other Ports in those countries are also coming into notice, and it is clear that the Bank's operations can be usefully extended to these places.
The object of the present Ordinance is to grant them facilities for doing so, and personally I have no doubt that these extended powers will be usefully exercised. It has, however, been thought advisable to add a clause suspending the operation of the Ordinance until the Royal Assent is obtained. I think that the Royal assent may be properly given to this Ordinance.
(Signed) Theor. C. Saytlar
Acting Attorney General
Hongkong,
April 10th 1872.
(True Copy)
W. M. Smith
Acting Colonial Secretary.
rits present and the Philippines have been gradually forming a business connection with songsong. Other Ports in those for Cast
mercantile importance,
ar e
also
9 into notice, and the coming into notice,
Direction
7
the Bank fals
ons can be
that its operations
qusefully extended to these
places .
The
Ordinan
object of the present is to grant
them
facilities for doing so, and a personally I have
no
doubt
that these extended powers
and will be use
sefully
owers can
exercised...
It has however been
402
to add a w
advisable to
chought ad
suspending elause-
I think that the Royal
assent may be properly given to this Ordinance.
le
(Signed) Theor. C. Saytlar
Ading Attorney
Hongkong,
April 10th 1872.
(tries Copy)
Smith
Aaling
Genmal.
Colonial Secretary.
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