100
by the Crown Agents compared with that of the
two banks which now hold
the money, is a
question
on
which from your larger Knowledge of the circumstances Your Lordship is better able than I to form
6.
an
opinion.
It has occurred to
me that if Your Lordship
should decide that the
maximum to be held by the Hongkong and Shanghai Bank, and the Chartered-
Bank
522
Bank of India Australia and China, is to be retained at $350,000, and yet should be of opinion that there is weight in the considerations stated in the preceding
paragraph,
a solution might
be found in authorizing the Hongkong Government to deposit a certain sum with the reconstituted Chartered
Mercantile Bank. I have not
sufficient information regarding
this bank since
it's
100
by the Crown Agents compared with that of the
two banks which now hold
the m
money, is a
question
on
which from your larger Knowledge of the circumstances Your Lordship is better able than I to form
6.
an
opinion.
It has occurred to
me that if Your Lordship
should decide that the
maximum to be held by the Hongkong and Shanghai Bank, and the Chartered-
Bank
522
Bank of India Australia and China, is to be retained at $350,000, and yet should be of opinion that there is ~ weight in the considerations stated in the preceding
paragraph,
a solution might
be found in authorizing the Wongkong Government to ~ deposit a certain sum with the reconstituted Chartered
Mercantile Bank. I have not
sufficient information regarding
this bank since
it's
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