CO129-286 - Acting Governor Major Gen Black Governor Sir Blake & Public Offices - 1898 [11-12] — Page 631

note-issue in the Straits Settlements.

With regard to the application of the Mercantile Bank of India (Limited) I am to observe that there can be

no question of permitting fresh note-issues by private banks

in the Straits Settlements, now that a State issue on

properly regulated lines has been established in that Colony. As regards Hong Kong, My Lords suggest that the Secretary of

State may see fit to consult the Colonial Government and to communicate his views to This Board when the general question of the Hong Kong paper currency is under review (Treasury

letter of 8th October 1898).

I am,

Sir,

Your obedient servant,

1

Entremilla

DRAFT.

Hong

Kong

Treas

25913

98

Hong Kong

Starts

613-

624

No. 308

Garmor Sii H.A. Blake

заста

Mr.

MINUTE.

Johnson 24/11

Mr. Wilson 24.

XMr. Cox, 24-

Mr. Lucas.

Mr. Graham.

X Mr. Wingfield. 244

Earl of Selborne.

Mr. Chamberlain.

f

H. Kas Dift fordian

ans 4.7500

maend

Sui

25 No.98

I have the honour

to acknowledge the recept

the

of Major General Blacks desfutch No. 216 of. 18th of July, submitting

Thussane

for the

desfate

actic

raft

0

dinance No. 1 of 1895

"to amend the H. Mang

Indy

and Shanglion Bank Ind

fundment Ord. %, 1882.

2. This Indiiance