12.
proceeds of the Loan.
As
:ards the other proposals
s regards
and suggestions which I have made in this despatch, Ishall assume
your
Lordships concurrance, me-
less I receive a telegram to the
contrary
I have also to
request
that
I may be furnished with a short
Statement
by
the Crown Agent's
Shewing the advantages of bor.
rowing by
means of of Inscribed
Stock rather than by the issue of
debentures, or otherwise. With
these advanta I am al-
advantages
some of these a
ready acquainted, but as the low-
official members of the Council may
raise difficulties owing
to the
decision
9.
129
13
decision to raise the loans in
England
and not in silver
in HongKong, Ishould like to be placed in possession of
all that there is to be said in
favour of borrowing by means of Inscribed Stock. Ishould also wish to be informed, if possible, at what rate the Crown Agents think they will be able to borrow, by the issue
of
Inscribed Stock.
10. The statistics mentioned in
the fifth paragraph of your Lordships despatch were sent to the Crown Agents
by
the last mail.
No comments yet.
Private notes are available after approval.