given to the Agents as much as possible
To the amount which they should draw for this purpose, and also the probable date when it will be again available.
I cannot allow the any longer continuance, as at present over $600,000 is outstanding with the Banks.
5. In order to prevent the necessity in future of the current account at the Hongkong and Shanghai Bank being raised to Excessive amounts, occasioned by the practice of meeting large drafts by the Crown Agents for expenditure on behalf of the Colony here, I have caused them to be directed, pending further instructions, to draw $50,000 every fortnight, beginning about the middle of this month. They will have money to hand in advance at the larger centres to meet their requirements, and will not have to make very large drafts at any time.
DRAFT.
Mr. Wingfield.
Mr. Bramston.
Mr. Meude.
Sir R. Herbert.
Baron de Worms.
Lord Knutsford.
427
given to the Agenti som as possible
am
To the amount which
they should draw für this purfore, tarto
the probable date
when it will be again
Am
I cannot allow the
any
lunger
continuance, ß.
present
the
under which over $600,000
lover
w the hand
Banks.
the
5. In order to prevent the necessity in future. of the current account
at the Hungkung
and
Shanghai Bank being
DRAFT.
Mr.
Mr.
MINUTE.
Mr. Wingfield.
Mr. Bramston.
Mr. Meude.
Sir R. Herbert.
Baron de Worms.
Lord Knutsford.
raised to
427
Excessive
воз
woorded for the person
I meeting large of
drafts by the Exome Agents for expenditure
a
behalf of the Colung Shave
in this country,
caused them to be directed pending further instructions to draw.
$50,000 Every fortnight, beginning
about the middle of
this month,
They will have money
to 24
that
hand
Kreshark in advance
at the larger
Then requirements.
I not have to make off at any time
very larze drafte at army
time. If however a further
Sum
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