We know the thing definite.
Keep the substance of this letter secret till him to let.
"Find out anything to show how the information got to the market, and tells."
Can the silver in be let out the writing far. 4 for letter with Free conf to Treas, and Copy and Muit, Ment, inf A. F. 25/4.
almen gut is D. Hong Kong.585
COMMUNICATIONS ON THIS SUBJECT TO BE ADDRESSED TO THE CROWN AGENTS FOR THE COLONIES, THE ABOVE REFERENCE AND DATE OF THIS LETTER BEING QUOTED.
CONFIDENTIAL
Sir,
Hong Kong 595. 15064 456
DOWNING STREET, LONDON.
23rd April 1903
I have the honour to acknowledge the receipt of your letter No.10914 of the 31st March and to inform you that we are taking the necessary steps for the supply to the Government of Hong Kong of subsidiary silver coin to the amount of $2,800,000.
2. In this connection I beg to state for the information of Mr Secretary Chamberlain that our Bullion Brokers have informed us confidentially that before they received our instructions it was generally known on the London market that silver for this order would be required, and they have expressed the opinion that the information became known from the Colony.
3. It is of course obvious that for a transaction of this magnitude to become known, before our brokers receive our order must act prejudicially against the Colonial Government in two ways:
1st By sellers of silver holding back their supplies and raising the price,
and 2ndly That Banks knowing on whose account the silver is being bought, and that it will have to be paid for by Bills drawn upon the Colonial Government the exchange is lowered.
4. I beg therefore to suggest for the consideration of the Under Secretary of State.
&c. &c. &c.
Colonial Office.
-1-
Page 1
...
...
Page 1
becomesPage -1-
as three lines at top and three at the end is not observed, only one line is seen. The original text is kept as much as possible, with minor corrections for spacing and punctuation. Here is the revised response in HTML format as requested:We know the thing definite.
Keep the substance of this letter secret till him to let.
"Find out anything to show how the information got to the market, and tells."
Can the silver in be let out the writing far. 4 for letter with Free conf to Treas, and Copy and Muit, Ment, inf A. F. 25/4.
almen gut is D. Hong Kong.585
COMMUNICATIONS ON THIS SUBJECT TO BE ADDRESSED TO THE CROWN AGENTS FOR THE COLONIES, THE ABOVE REFERENCE AND DATE OF THIS LETTER BEING QUOTED.
CONFIDENTIAL
Sir,
Hong Kong 595. 15064 456
DOWNING STREET, LONDON.
23rd April 1903
I have the honour to acknowledge the receipt of your letter No.10914 of the 31st March and to inform you that we are taking the necessary steps for the supply to the Government of Hong Kong of subsidiary silver coin to the amount of $2,800,000.
2. In this connection I beg to state for the information of Mr Secretary Chamberlain that our Bullion Brokers have informed us confidentially that before they received our instructions it was generally known on the London market that silver for this order would be required, and they have expressed the opinion that the information became known from the Colony.
3. It is of course obvious that for a transaction of this magnitude to become known, before our brokers receive our order must act prejudicially against the Colonial Government in two ways:
1st By sellers of silver holding back their supplies and raising the price,
and 2ndly That Banks knowing on whose account the silver is being bought, and that it will have to be paid for by Bills drawn upon the Colonial Government the exchange is lowered.
4. I beg therefore to suggest for the consideration of the Under Secretary of State.
&c. &c. &c.
Colonial Office.
-1-
W
know the thing definite
secret desp. ofsubstance of this letter till him lolet
"fund out anything to how the information got to
market, and tels,
Can
an
the silver in
to
out the writin
far. 4 for lette ith Fre conf to Treas, and
www
Copy and Muit,
Ment, inf A. F. 25/4
almen gut is
D.
Hong Kong.585
COMMUNICATIONS ON THIS SUBJECT TO BE ADOREBBED TO THE
CHOWN AGENTS FOR THE COLONIES,
THE ABOVE REFERENCE AND
DATE OF THIS LETTER BEING QUOTED.
CONFIDENTIAL
Sir,
Hong Kong 595.
15064
456
с
DOWNING STREET, LONDON.
23rd April
190 3
I have the honour to acknowledge the receipt of your letter No.10914 of the 31st March and to inform you that we are taking the necessary steps for the supply to the Government of Hong Kong of subsidiary silver coin to the amount of $2,800,000.
2. In this connection I beg to state for the inform- ation of Mr Secretary Chamberlain that our Bullion Brokers have informed us confidentially that before they received our instructions it was generally known on the London market that silver for this order would be required, and they have expressed the opinion that the information became known from the Colony.
3. It is of course obvious that for a transaction of this magnitude to become known, before our brokers receive our order must act prejudicially against the Colonial Govern- mant in two ways
1st By sellers of silver holding back their supplies and raising the price,
ww
and
2ndly That Banks knowing on whose account the silver
is being bought, and that it will have to be paid for by Bills drawn upon the Colonial Government the exchange is lowered.
4. I beg therefore to suggest for the consideration
he Under Secretary of State,
isc.
&c. &c.
of
Colonial Office.
-1-
No comments yet.
Private notes are available after approval.