CO129-283 - Acting Governor Major Gen Black - 1898 [5-6] — Page 343

ence which has passed be- tween the Acting Colonial Treasurer and the ma

of r

manager

of the Chartered Bank of In- dia, Australia and China

of the

relative to an excess authorised limit of the

Bank's note issue in this

Colony, and to request in

structions in the matter.

I have the honour to be,

Dir,

Your Most Obedient Humble Servant,

Mlack. Major General, Administering the Government.

COPY

Sir,

329

C. O.

14061

ENCLOSURE 1.

REC

6 JUL 28

Treasury.

14th.May, 1898.

I have the honour to invite your attention to

the fact that your return of Bank Notes in circulation, dated

the 5th. instant, shows the total for April to be $2,938,719,

whereas the limit in the Colony was laid down by the Lords

Commissioners of Her Majesty's Treasury at $2,750,000.

I shall be glad to receive your observations

on this matter for the information of Government.

The Manager,

Chartered Bank of I.A. & China.

I have,&c.,

(sd.) A M

THOMSON,

Acting Treasurer.