462
On perusal of this Correspondence Mr Stanhope will observe that the Colonial Postmaster General, while ready to adopt the suggestion of this department for establishing at Hongkong a reserve of Postal Orders to the extent of £5000, expresses doubts as to the wish to make requisitions for fresh supplies of Orders half yearly, instead of quarterly as recommended by this Department.
On this point the Postmaster General desires me to remark, for Mr Stanhope's information, that a six months' supply of Postal Orders would amount to about £3000, the adoption of the alternative course proposed by Mr Foster would result in Postal Orders of a total value of £8000 being placed at one time in the custody of the Colonial Post Office, - that is to say a six months supply £3000 in addition to the proposed reserve of £5000.
Having regard to the large responsibility involved Mr. Rance does not feel justified in acceding to this proposal without consulting the Secretary of State, who may perhaps think it advisable...
462
On perusal of this Correspondence
ce Mr Stanhope
will observe that the
the Colonial Postmaster Goueral, while
to adopt the
ready
suggestion of clice department for estab.
lishing at Hongelong
A
reserve of Postal Orders to the extent of £5000, expresses
d.
tions.
wish to make requisitio for fresh supplies of Orders half yearly, instead of quarterly as rea
as precommended
by tiis Department.
On this point the Postmaster Geveral desires
me to remark, for Wr Stanhope's information, cheat,
a six months' supply of
Postal
Postal orders would amount to about £3000, the adoption
of the alternative course proposed by Mr fister
would result in Postal Order of a total value of £8000 being placed at one time in the custody of the Colonial Post Office, - that is to
to say a six months supply £3000 in addition to the proposed reserve of £5000.
Having regard to the large responsibility involved
of
Mr. Raises does not ful Justified in
acceding
to this
Consulting
proposal without consulte the Secretary of State, who may perhaps think it advisable
to
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