CO129-266 - Governor Sir Robinson - 1895 [1-3] — Page 537

N. 211 of the

Treas.

the 19th December last, which 171566 direct that the Bank Post Bills should

be included within the prohibition

of the Ordinance.

3.

The Bill came out drafted and with the exception above mentioned and of the addition of a clause for the purpose of identifying to ank Noks ui circulation at the date of the coming

operation of the Ardinance w which was sanctioned by telegram,

follows the draft Bill in détail .

4.

into

The reasons for the amis-

- con of Bank Post bills are thos

i

contained in the letter of Mr. Thomas

Jackson, the Chef Manager of the HongKong and Shanghai Banking Corporation, of the 11th instant, a copy of which is annexed. The meching meeting of some members of the Go - vernment with the Unofficial Mem- bers of Cancil, and the three Manager

theran

referred

with A

of

Trea.

2933/95

533

of the principal Banks. It was stated that there were thirty

at the the

Meeting

forty Native Chinese Banks doing business in the Colony inter se and with Chinese, whose business would be most seriously interfered with if

Bank Post Bills were included in the

grounds I

that such

prohibition and on there advised H. E. the Bille hat be omitted from

might

Ordinance.

کی

Governor

Be

As it was essential that the Ardinance should be passed without delay and become law at once to prevent any attempt at an evasion its provisions by the issue of mors notes, as soon

po it became know

that the bill was

of

before the Legislation Council, His Excellency's signature

ure and

assent to the Ordinance was obtained

before I wrote this report, which precedes auch assent.

unsthally

8) Andrew J. Leach,

Acty. Attorney General.