CO129-257 - Public Offices & Others - 1892 — Page 523

Further inte

if the main consent

to Sis me. Dummy's proposed

M. Ang

Arrangement, I don't think the

Bank will accept it for the houst

1

for their own safety keep at least

25% of the value of theirs note issue

and the porprend

hummediat available, and

1

therefore amount to locking up

75% o

The value of

he look

1

the imme

The cart

y

instead of 33% is wate

and about 46% in recules.

notes is h

looked upis

und the

COMMUNICATIONS TO BE SAND REMITTANCES PAVLE TO THE MANAGER"

Hongkong & Shanghai Bank Chapel Ven.

31, Lombard Street, London, E.C.

21st June 1892.

The Under Secretary of State

for the Colonies (Commercial Department),

Downing Street

Sir,

I

beg to enclose, for your

information

I have

copy of

this

lette

day addressed

to the Lords of Her Majesty's

Treasury,

with reference

to the

Securities

Lee muunter

Bankin

Place of

16197

87

Jam

and5/Ratin Entire te

authoriti

Un Barcha

In Dental

deposited against the

Bank Note

I have the honour to remain,

Sir,

Your most obedient servant,

Managers

16.8.92

Page 1

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