barge from the
simedial
sum is required by
them they will telegraph.
It will
you, stating that they propose to draw such larger amount. In future henceforth be the duty of the newly appointed Treasurer to keep him self acquainted with the wants of all the dept. I to request the Col. Sect.
Stilla
to instruct the agents to draw
accordingly & more than $50,000 fortnightly.
6. The Agents will place on deposit at short notice any amounts that will thus be in their hands beyond their immediate requirements. The interest which will be obtained on such short deposits, generally about 1 1⁄2 percent below Bank of England rate of discount from time to time, varies but on average will probably not be appreciably (if at all) less than the two per cent which is now obtained in Hongkong on the balances of current account. In pointing out therefore that we lose by this arrangement, while gaining greater security.
7.8 Under these new arrangements the balances of current account should...
However, to follow the exact output format as requested, here is the revised version:barge from the simedial sum is required by them they will telegraph. It will you, stating that they propose to draw such larger amount. In future henceforth be the duty of the newly appointed Treasurer to keep him self acquainted with the wants of all the dept. I to request the Col. Sect to instruct the agents to draw accordingly & more than $50,000 fortnightly.
6. The Agents will place on deposit at short notice any amounts that will thus be in their hands beyond their immediate requirements. The interest which will be obtained on such short deposits, generally about 1 1⁄2 percent below Bank of England rate of discount from time to time, varies but on average will probably not be appreciably (if at all) less than the two per cent which is now obtained in Hongkong on the balances of current account. In pointing out therefore that we lose by this arrangement, while gaining greater security.
7.8 Under these new arrangements the balances of current account should...
Let me know if further changes are needed.barge from the
simedial
sum is required by
them they will telegraph.
It will
you, stating that they propose to draw such larger amount. In future henceforth be the duty of the newly appointed Treasurer to keep himals acquainted with the wants of all the dept. I to request the Col. Le..
Stilla
to instruct the agents to draw
accordingly & more a
len
than $50,000 fortnighty.
6. The from Agents will
place
on
or other smploy deposit at short
notice any
amounts that
with thus be in their hand
428
begend their mumediate
requirements. The interest
which will be obtained in
such shut deports, arz. generally about
11⁄2 percent below Bank
England rate of discount, time to time, varies from
but
an du.
average
will
probably not be appreciat
(if at all) less than the two per cent which in
Hangkung
now obtained in
The balances current
will nothing
account. In [oling therefore out lose by
Mis
arrangement,
while gaining greater
security.
7.8
under
These new
current
account
arrangements the balancer
shurls
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