CO129-176 - Public Offices & Others - 1876 — Page 132

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

Lord Camaroon would suffer with reference to the

Allusion made by the applicants to the concession of a similar privilege to the Hongkong & Shanghai Corporation. It may be useful to remind them that when the Governor in 1870 granted the concession in question, he was directed by Lord Kimberley to issue instructions for calling in the one-dollar notes and to prevent the issue of any further notes of less value than $5, and that it was only in deference to a memorial signed by the Chartered Mercantile Bank of India, London & China, and others, praying for the continuance of the issue that Lord Camaroon subsequently assented to the notes already in circulation not being withdrawn, and that this assent was accompanied by the express condition that it was not to be considered a precedent for extending any similar facilities to other Banking Companies.

Jan &c. take this opportunity of reminding you that the letter from this Department of the 20th ultimo is still unanswered & consequently that the Governor's despatch No. 261 of the 8th April 1870 as to the improvement of the Currency laws of the Colony has as yet received no reply.

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Lord Camaroon would suffer with reference to the Allusion made by the applicants to the concession of a similar privilege to the Hongkong & Shanghai Corporation. It may be useful to remind them that when the Governor in 1870 granted the concession in question, he was directed by Lord Kimberley to issue instructions for calling in the one-dollar notes and to prevent the issue of any further notes of less value than $5, and that it was only in deference to a memorial signed by the Chartered Mercantile Bank of India, London & China, and others, praying for the continuance of the issue that Lord Camaroon subsequently assented to the notes already in circulation not being withdrawn, and that this assent was accompanied by the express condition that it was not to be considered a precedent for extending any similar facilities to other Banking Companies. Jan &c. take this opportunity of reminding you that the letter from this Department of the 20th ultimo is still unanswered & consequently that the Governor's despatch No. 261 of the 8th April 1870 as to the improvement of the Currency laws of the Colony has as yet received no reply. Page 128

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Lord Camaroon would. Suffert with reference to the Allusion made by the applicants the concession of a similar privilege to the Stoughing & Shanghai Corporation that compondron table in the event of any furth they might be usefully reminded that when the. Governor کار 1th granted the concession in question he was directed by Lord Kimberley be timer theme & their Leurtips deft to isma instructions for calling in the one dollar notes and to prevent the isore of any further noter of less value than 5 dollars and that it was only in defere.ca to a memorial, signed by the Charlied Mercantile Bank of Indica London & China an onget other, praying for the continence. Iader ader 128 of the issue that Lord Carmario Iubsequally. assented to the notes already in circulation not being withdrawn, & that this assent- was accompanied by the express Condition that it was notlobe considered a འ precedent for extending any Similar facilities bother Banking Companies. Jan & lake this opportunity of the inding yo. that the letter form this Department of the offene last is still unanswered & conce- Thatly that the Governor's despatch & 2610f the of April 1870- as to the improvem at of the Cartele laws of the Colony has as yet received no reply. the Idi

2026-05-21 13:04:57 · Baseline

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Lord Camaroon would. Suffert with reference to the

Allusion made by the applicants the concession of a similar privilege to the Stoughing &

Shanghai Corporation that compondron table

in the event of any furth

they might

be usefully

reminded that when the.

Governor

کار

1th granted the

concession in question he was directed by Lord Kimberley

be timer theme & their

Leurtips deft

to isma instructions for calling in the one dollar notes and to prevent the isore of any further noter of less value than 5 dollars and that it was only in defere.ca to a memorial, signed by the Charlied Mercantile Bank of Indica London & China an onget other, praying for the continence.

Iader

ader

128

of the issue that Lord Carmario Iubsequally.

assented to the notes already in circulation not being withdrawn, & that this assent- was

accompanied by the express

Condition that it was notlobe considered a

འ

precedent for extending any

Similar facilities bother

Banking Companies.

Jan & lake this

opportunity of the inding yo. that the letter form this Department of the offene last is still unanswered & conce-

Thatly that the Governor's despatch & 2610f the of April 1870- as to the improvem at of the Cartele laws of the Colony has as yet received no reply. the

CO129-176 - Public Offices & Others - 1876 — Page 132

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