CO129-329 - Governor Nathan - 1905 [7-12] — Page 90

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have the honour to call your attention to the fact that

the Hongkong and Shanghai Banking Corporation do much work

for this Government without payment. They advise on our

annual requisitions, store the coins for us in their vaults

and distribute them to the order of the Treasurer. It would

seem therefore fair to the Corporation that the option of

accepting drafts on account of the subsidiary coinage

should be given to them at the lowest rate that the Crown

Agents can obtain outside the Bank before the order is

placed elsewhere, and I suggest that this course be follow-

-ed in future.

Jos

31048

4

I an addressing you in a separate

Despatch on the subject of the Russo-Chinese Bank.

I have the honour to be,

sir,

Your most obedient

Humble servant,

Mbathan

Governor, &c..

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