CO129-241 - Governor Des Voeus - 1889 [1-7] — Page 620

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

Q

3

617

the honour, with special

reference to paragraph 3

to enclose a

copy of

letter which I have

A

5,

received from the Chief

here, in answer.

Manager s

to

an

enquiry

Enclosure!

8th June, 188

that the Bank secures its

the depe

Notes by

deposit in

of Trustees

of

the hands

Securities specially

appropriated to cover the amount of its note issue.

which II

2.

caused to be made as to

the views of the Directors regarding Your Lordship's -proposal to consede the privilege of establishing Agencies in

Foreign

Countries, condition

On

that

Your Lordship will

observe that Mr Noble

considers the terms proposed

as

unduly onerous, and -

asks

for?

respectfully reconsideration. They unquestionably large diminution of the

cause a

their

will

profits

very

:

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