of the Hongkong and Shanghai Bank in
that Colony, together with the Ordinance of Hong Kong, legalizing the issue
2. I am to add that from another despatch received from the Colony it appears that
on the 24th of last March the amount deposited with the
Government by the Bank's
Courier was not
the $4,500,000. 3. I am further to state that owing to
an unexpected delay in the manufacture of the
Straits Settlements notes, the notes have only been very recently put
into circulation in the Colony, and consequently there has not yet been time
for the Hongkong and Shanghai
Banks to withdraw their notes from circulation in the Straits
which was understood to be their intention. The Sir
4. Henry Blake appears to have overlooked the fact that the enclosed Ordinances
expire on the 31st of July next, so
I commend the temporary arrangement for continuing the arrangement for a further period, as he makes
5. Mr. Chamberlain concurs not to press
Page 540
Page 541
of the Hay Kay and Shanghai Bank in
that Colony, together with the Ordinar this hauts ses/ & Hong Kong, legalizing the ling
2. Tam to add
that from another
Hay
el cen
desfatich recevrid for #o. [1081])]
the Colony it affers that
on the 24thof last March the amount
deposited with the
Gamment to c
Bank's
ексем
Caver
not
the
$4,500,000. 3. Jam further to
state that owing to
an
unexpected delayin the mannfection of the
ཆ
Straits Setty Wort fucker,
thon notes have only
been very recent beam funt
A
into criculation in the 521A-
Colay, and consequently there has not yet been time
for the Hay Kayt
5. Banks to withdraw
S.
their notes from cereal-
ation in the Straits
which was understood
tore
then intention. The Sin
4.
Henry
Blake affears to have
overlooked the fact that the enclosed Ordinances
exfine on the 31st of July far as regards next, so
the
excess noti
no
ал
U commend
and
as he makes
for contuming the ation that the the
temporary arrangement by and that feriod, fing
5. Mh. Chamberlain
mmfrry not to pres
Page 540Page 541
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