CO129-212 - Governor Sir Bowen - 1883 [10-11] — Page 49

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

their Bill has been accepted, which cannot take place till about the 23rd of this month, the refund can hardly be considered as actually completed.

4. The large Public Works loan is still in hand and it is necessary to withdraw further deposits for Expenditure in the Treasury and notices have been given to all the Banks. At the present moment when business is at a standstill and a considerable amount of specie has been taken away from the Colony (partly in consequence of the withdrawal of large deposits) from the Banks must no doubt in some cases be attended with inconvenience. And after consulting with the Treasurer I have consented to rather longer notices than had been ordinarily given. It would not, I submit, be good policy on the part of Government to insist strictly at the present moment on its presumed right to withdraw its deposits when they fall due without sufficient previous notice. This right, though not questioned by the Banks, is not in my opinion very clearly possessed by Government as all deposits have been made for indefinite periods, claimable at the expiration of intervals of three months from the date of deposit.

It has not been necessary until...

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48 ¿ their Bill has been accepted, which cannot take place till about the 23rd of this month, the refund can hardly be considered as actually completed. 4. The large Public Works loan is still in hand and it is necessary to withdraw further deposits for Expenditure in the Treasury and notices have been given to all the Banks. At the present moment when business is at a standstill and a considerable amount of specie has been taken away from the Colony (partly in consequence of the withdrawal of large deposits) from the Banks must no doubt in some cases be attended with inconvenience. And after consulting with the Treasurer I have consented to rather longer notices than had been ordinarily given. It would not, I submit, be good policy on the part of Government to insist strictly at the present moment on its presumed right to withdraw its deposits when they fall due without sufficient previous notice. This right, though not questioned by the Banks, is not in my opinion very clearly possessed by Government as all deposits have been made for indefinite periods, claimable at the expiration of intervals of three months from the date of deposit. It has not been necessary until...

Baseline (Original)

b.. 48 ¿ their Bill has been accepted, which cannot take place till about the 23rd of this mouth, the refund can hardly be considend as actually Completed. Now or 4. The large Public Works lo hand under it necessary withdraw further deposits for Expenditure in the lolary and notices have bem given to all the Banks. At the present moment when, business is at a stand still and a considerable amount of specic has been taken aw hom the Colongs away from the withdrawal of large deposits) from the Banks must no doubt in, dom2 cases brattruded with inconvenienc and and after consulting with the Treasurer I have consented to rather longer notices than had bemorquially givers. "It would not, Submit, be Government good policy on the part of to insist the strictly at the pront moment on its presumed night to withdraw its deposits when they fall dur without sufficient portrais notice. This right, though not questioned by the Banks, is not in my my oper. opimon Comment viry clearly possessed by Paruntut as all deposits have bem made for hidefinite periods, claimable at the expiration of intervals of marth's pom the date of deposit - It has not been necessary three until

2026-05-23 22:56:22 · Baseline

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b..

their Bill has been accepted, which cannot take place till about the 23rd of this mouth, the refund

can hardly be considend as actually Completed.

Now or

4. The large Public Works

hand under it necessary withdraw further deposits for Expenditure in the lolary and notices have bem given to all the Banks. At the present moment when,

business is at a stand still and

a considerable amount of specic has

been taken aw

hom the Colongs

away from

the withdrawal of large deposits) from the Banks must no doubt in,

dom2 cases brattruded with inconvenienc

and

and after consulting with the Treasurer I have consented to rather

longer notices than had bemorquially givers. "It would not, Submit, be

Government

good policy on the part of to insist the strictly at the pront moment on its presumed night to withdraw its deposits when they fall dur without sufficient portrais notice. This right, though not questioned by the Banks, is not in my

my oper.

opimon Comment

viry clearly possessed by Paruntut as all deposits have bem made for hidefinite periods, claimable at the expiration of intervals of marth's pom the date of deposit -

It has not been necessary

three

until

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