CO129-171 - Acting Governor Austin - 1875 [7-11] -- Sir Kennedy - 1875 [12] — Page 500

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

Ger. minute on 5555,

15/74

Same mistake as

I fell into the

Reha

W. Austin says he has done in assuming that the note circulation given in the Bluebook Returns deals with that of the other parts besides Hongkong. And we also quoted then figures in our letter to the Treasury of 21 Dec-1874 on 13647.

Unless the return is made to include the whole note circulation, it is impossible to ascertain whether the Bank complies with either the 1st limitation (viz. as to capital) or the 2nd (viz. as to specie) provided in clause 13.

Send to Treasury for consideration and make it clear to Mr. Meade.

496

I have since looked through the old Correspondence, of which you will find an excellent summary in 8921/73.

I find that the Treasury distinctly laid it down in 1866 that all notes should be issued payable at the principal Establishment, but I have not found the reasons for this, nor does the present proposition appear to have been discussed. We may fairly leave it to the Treasury to find out their objections, but I confess to very little experience.

EAR

JAR

17/12/75

On such a joint

the remark as to the Bluebook returns.

We should also see if the point raised by Mr. Denting was dropped.

Re-read the correspondence before writing to the Treasury.

RM 25712

3/276.

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Same mistake asI fell into theRehaW. Austin says he has done in assuming that the note circulation given in the Bluebook Returns deals with that of the other parts besides Hongkong. And we also quoted then figures in our letter to the Treasury of 21 Dec-1874 on 13647.Unless the return is made to include the whole note circulation, it is impossible to ascertain whether the Bank complies with either the 1st limitation (viz. as to capital) or the 2nd (viz. as to specie) provided in clause 13.Send to Treasury for consideration and make it clear to Mr. Meade.496I have since looked through the old Correspondence, of which you will find an excellent summary in 8921/73.I find that the Treasury distinctly laid it down in 1866 that all notes should be issued payable at the principal Establishment, but I have not found the reasons for this, nor does the present proposition appear to have been discussed. We may fairly leave it to the Treasury to find out their objections, but I confess to very little experience.EARJAR17/12/75On such a jointthe remark as to the Bluebook returns.We should also see if the point raised by Mr. Denting was dropped.Re-read the correspondence before writing to the Treasury.RM 257123/276.

Baseline (Original)

Same mistake asI fell into theRehaW. Austin says he ha done in assuming that the note circulation given in the Bluebook Returns withdeal that of the other parts besides Anghing. And with also quoted then figures in our letter to the Treasury of 21 Dec-1874 on 13647.Unless the return is made to niclude the whole note cirenlation, it is impossible to ascertain whether the Bank complies with either the 1ts limitation priz: as to capital) the It! (by, as to specie) provided in clause 13.,Send to Treasury form consideration and make Mr. Meade.496will findShave since looked through the old Correspondence, of which you an excellent Juniary. report Inclosed in 8921/73.I find that the Treasury distinctly kid it down in 1866 that all notes thould beissed #payable at the principal. Establishment, but Shave not found to Think- reasons for this, nor does the prems proposition appear thave been disam we may faithly leave it t the beamay to find out this objections but I consens to very little experienceEARJAR17/12/75on such a Jointthe remark as to the Bhebook.retumsWerhould also see if the point raised by Ms dentingnas dramped.rethinMorespondence befre uniting to the meatingRM 25712the3/276.

2026-05-21 05:16:10 · Baseline

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Ger. minute on 5555,

15/74

Same mistake as

I fell into the

Reha

W. Austin says he ha

done in assuming that the note circulation given in the Bluebook Returns with deal

that of

the other parts besides Anghing. And with also quoted then figures in our letter to the Treasury of 21 Dec-1874 on 13647.

Unless the return is made to niclude the whole note cirenlation, it is impossible to ascertain whether the Bank complies with either the 1ts limitation priz: as to capital) the It! (by, as to specie) provided in

clause 13.,

Send to Treasury form

consideration and make

Mr. Meade.

496

will find

Shave since looked through the old Correspondence, of which you

an excellent Juniary. report Inclosed in 8921/73.

I find that the Treasury distinctly kid it down in 1866 that all notes thould beissed #payable at the principal. Establishment, but Shave not found

to Think

- reasons for this, nor does the prems proposition appear thave been disam we may faithly leave it t the beamay to find out this objections but I consens to very little experience

EAR

JAR

17/12/75

on such a

Joint

the remark as to the Bhebook.

retums

Werhould also see

if the point raised by Ms denting

nas dramped.

thin

Morespondence befre uniting to the meating

RM 25712

the

3/276.

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