CO129-241 - Governor Des Voeus - 1889 [1-7] — Page 479

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6.

Bank's safes were sealed and

business entirely stopped, and only

#x

depositing

the sam

of $828,000

was the Bank enabled to continue.

its business; the recalt was panie ensued, and the Bank had to meet a run of $300,000. A few days subsequently to the above, a further demand was

the Bank for $500, a

made

000

with the probability that this sam be embargoed which

would also

would necessitate the Bank's

closing its doors; this leat "embargo "

maybe inforced at

and there is

ang

moment,

extreme improbability

that we should recover anything,

477

whatever the final decision of the higher Courto maybe.

We have through the London Manager of the Bank, affected

& the Foreign offere for protection, a request that proceedings may be staged pending the hearing of the case in Madrid; the Foreign

Office have informed the London Manager that the British Ministe

in Madrid has been instructed to

impress

the Spanish Govern

next

that the Manila authorities are

Violating proclamation 188.3 ( the

treaty

Ave

presume) and to release

The

That