10
its re-constitution to enable me to offer an opinion on its stability; but if Your Lordship should be satisfied on this point, I would commend that authority be given for the deposit of that bank of $150,000 to $200,000 while retaining a balance not exceeding $350,000 in the Hongkong and Shanghai Bank and the Chartered Bank of India, Australia and China.
7 hundred Thousands lidac be 523
As the necessity for remitting from the General balance to the Crown Agents for investment will probably recur at intervals for some time to come, I would beg leave to suggest that they be instructed on receipt of telegrams to the effect "Draw-glycol", to draw for the number of lacs of dollars stated and to invest the proceeds (in Rupees) for the benefit of this Government.
10
its re-constitution to enable
៥.
me
to
offer
an
opinion
on
its stability; but if Your ~ Lordship should be satisfied on this point, I would
commend that authority. be given for the deposit
or.
that bank of $150,000 $200,000 while retaining
in
A
balance not exceeding $350,000 in the Hongkong and Shanghai and the Chartered
Bank
China.
of India Australia and
7.
hundred Thousands
lidac
be
523
As the necessity for
remitting from the General balance to the Crown Agents
for investment will probably recur at intervals for de time to come,
some
I would beg.
leave to suggest that they
be instructed on
receipt of
telegrams to the effect- Draw-glycol", to draw for
of ~
Sof the
of the number of lacs of
dollars stated and to
cam
Rupees) invest the proceeds for the benefit of this
Government
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