в
not at present arise, for the reamery do
not get herentation consider
Position
themselves
in
a position to
Antiver the Bank,
In is ank, the Goot wate
not
question being yet settled. In fact
the Hong Kong Goot mas
decline
to undertake the note issue.
For Hesse
think
I do not
reasons
need be said
anything
in the draft to the Straits about
the Bank
But it would
general
perhaps be wall in the draft to Hong Kong, to say that in the event of a Yout hote ime being undertaken fore, it would of course be necessary to withdraw the power possessed by the th.K. of S. Bank in
this respect
which trag
as the for.
4
aware
from presions correspondence was granted by his budeupon without reference home
measure which can be approved
set the approved or maintained Rain H
HiKong Currency & Gootnote
ww.heade
I have
added
Ca
paragraphe to the Hong Kong
despatite, but worded it the assumption that fas
you suggest) the
9
132
reasing would
leave the HK. & S. Ibank the
y
power to isome notes large on reading the
denomination.
Correspondence again I thick this is tolerably clear. The beamy speak of the "monopoly " being discontrined. The "monopol
as regards $1 notes.
is ouf
I assume also
that other Banks would
as
be allowed
to continue issuing large notes,
the Goot issue would be confined to
No comments yet.
Private notes are available after approval.