would however suggest a compromise to the effect that interest at the rate of 1¼% per annum on minimum monthly balances be allowed on both accounts. The Bank accepting aggregate balances of both as forming the amount stipulated to be left on deposit with the Corporation. If this suggestion meets your views, I shall feel obliged by your laying the matter before His Excellency The Governor, and I shall be further indebted by your acquainting me with His Excellency's decision as early as convenient.
I have,
152
(signed) J. McDowell,
Manager.
The Honble. W. M. Deane, Colonial Secretary.
6.
C
7
would however
Spesial fund account Savell homon
suggest a compromise to the -effect that interest at the roote.
minimum
of 14% per monthly balances be allowed on both accounts. The Bank accepting aggregate balences of both as forming the amount
r ow
annum on minim
the
t stipulated to be left on deposit with the corporation_ If this suggestion meets your views, Ishull ful obliged by your laying the matter before Stis Excellency The Governor, and I shall be further indebted by your acquainting. His Excellenay's decision
me
with
↓
as early
convenient.
I have, to
152
(signed) J. McDowell,
Manager.
Trithe. Mating Colonial Searctury.
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