CO129-266 - Governor Sir Robinson - 1895 [1-3] — Page 538

i

Dear Sir,

534

Hongking and Haughri (Shanghai Banking Corporation,

Hing Kong 11th March 1875.

Referring to the private meetin recently held about the National Bank note issue, it would not do to forbid the issue of Bank Post Bills, as such a prohibition would make illegal at least wire tenths of the documents issued by Chinese Bankers and Mer- chants in the conduct of their busines with each other.

They make

make payments

payments in what are called Bank Orders, there are usually

of ten days date, and they.

are

the

eract equivalent of what we call a Bank Post Bice.

Foreiger Banks

never cons

post bills locally, if they attempted

to do so

they would not arcceed.

The