Written expanding the telegram.
Su.. 29/5/90
Printing not that interest is charged in the
A despatch can
BEF
then be
stupid proposal (in 2512) that the Fund should be deposited at the Bank at the risk of Lotholders.
My
thin
With regard to the overdrafts which The Bank Manager takes credit to himself for having kindly allowed the Govt., it must be remembered (vide 1590%) that in all such cases the Bank charges 6 per cent on the amount overdrafted!
I submit a telegram adhering to the decisive directions given that the Fund be divided between the Banks.
518
20.0.
3520
26 MAY 90
N.116.
Hongkong, 28th April, 1890.
Government House,
My Lord,
Overdrafts and Harti there is no harm in Men having more in the Bank, no risk, the whole property ultimately lies with them.
857 29.5.90
K24/5
Lordship's telegram of the 12th instant referring to the disposal of the funds standing to the credit of the Praya Reclamation
The Right Honourable Lord Knutsford, GCMG,
etc.
Enclosure 1.
On receipt of Your Lordship's telegram
6284
Page XX
...
written expanding the telegram.
Su.. 29/5/90
printing not theat interct is dearged in the
A despatch can
BEF
then be
stupid proposal (in 2512) that the Fund should be deported
at the Bank at the risk of Lotholders.
My
thin
Affy regard to the overdrafts which The Bank Manager take, credit to himself for having kindly allowed the foot, it must be remembered (ace 1590%) that in all
the Bank charzes
such cases.
6 per cent on the amount overdragen!
Isubmit a telegram adhering
to the decising directions given
that the Fund be divided
between the Banks.
518
20.0.
3520
26 WAY 90
N.116.
Hongkong, 28th April, 1890.
Government House,
My Lord,
andafts and Harti there is
no farm in
Men
More in
no risk, the whole property.
of the folving thing altimately liath pe
them. 857 29.5.90
K24/5
Lordship's telegram of the 12th instant referring to the disposal of the funds standing to the credit of the Praya
Reclamation
The Right Honourable
Lord Knutsford, GOMG,
te
Enclosure 1.
On receipt of Your
Aquets
6284
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