I am confident that Your Lordship will not object to any reasonable arrangement by which their position may be ameliorated.
Lt. ... notes is a ... nulaus can be ... -
The issue of one Dollar question which, on more than one occasion, has been the subject of correspondence with your Lordship's predecessors, who seem to have acquiesced, with considerable reluctance, in the present issue by the Hongkong and Shanghai Banking Corporation. The Colonial Secretary and Auditor-General (Mr. Marsh) in Enclosure to a minute, which I enclose, anticipates no objection on the part of Your Lordship to an increased issue by the local Bank, although the Hong Kong Chamber of Commerce has strongly recommended it. Mr Marsh is of opinion that the Bank should be called upon to withdraw its Dollar notes from circulation, and that the Government should issue a substitute in their place.
The Colonial Treasurer (Mr Lister), while expressing the opinion that the Bank should be allowed is ...
4
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confident that Your Lordship will
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reasonable
not object to any rea
by
which their position
ameliorated.
Lt.
·notes is a
nulaus
can be
-
The issue of one Dollar question which, on more
than one occasion, has been the
subject of correspondence with your Lordship's predecessors, who seem to
i
by
have acquiessed, with considerable reluctance, in the present issue
te Hongkong and Shanghai Banking Corporation. The Colonial Secretary and Auditor-General (Mr. Marsh) in
270
Enclosure to a minute, which I enclose, anticeps.
objestion on the part of Your Lordship
to an increased issue by the local
Bank, although the HongKong Chamber
L
of Commerce has strongly recommended it. M? March is of opinion that the
Bank should be called
tom
upon withdraw its lollar notes from
ciroulation, and that the Government
should issue a su
their plase.
5.
efficient number in
The Colonial Treasurer
(Mr Lister), while expressing the opinion
that the Bank should be allowed is
A
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