CO129-329 - Governor Nathan - 1905 [7-12] — Page 677

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

Scevet

CA 35/63

C.O

44463

673

R

16 DEC 05

Government House.

17 November 1905

Foo

3rous

the

Efforing to your Confidential dispatch of the 10th October, 1905 with regard to the cor mase by the Gown Ag cuts of certain forciju Paukis in councelion with drafts on the Hongkong Governmicut, I have the holour to inform you that affer couridering the arqumcuts of the Crown Aqcute ✓ adlume to the vituo Exprefsed in my Scared Dropabels of An 26" Juby thes it in not advisable for this Govomment to support with its buocings the Hongking branch of tin Pepto Chitta Bank, It seems to me that the recoquized politicst charecter of this castibution, justifing this

Support bung withhud on political grounds,

M

with regard to othue Foreign Bank's ↓ rícoquizt the validity of the arquments advanced lytin Crown Aqcuts un favour of their continued en-foqmans. lodu the Yokohama Specis Bank again in tu market, there shoutobe vafficíend flancats of compchtion for drafts on this Colony to presend it having to deal wṣitis a ring, Coch if the competition of the Rufo-Chiniot Bank is hot in future invited.

I havr the honour tabs.

Siv

Your most obedies, humble vizoand

Mhatten

Governor

L

The Right How

Alford/yalton the M.P.

Ch

sh

sk

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