CO129-336 - Governor Nathan & Public Offices - 1906 [11-12] — Page 280

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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The Sec. to the Treas.

M

Mr. Collins

Sir,

r. Fiddo.

14.12

Anod Slud

Copy to Gov Conf 6 Feb

16b6, Hong Kong

19

Jau. 07.

275

D.

With reference to your letter No. 14868 of the 2nd of Aug. last, I am directed by the Earl of Elgin to transmit to you, to be laid before the L. of the Treas., copy of a despatch from the Gov. of H.K. regarding the new issue of the National Bank of China.

Colour -

Lord Elgin proposes, with L.B.'s concurrence, to inform the Bank that H.M.G. are unable to comply with their request, either as regards the acceptance of the duty by the Govt. or as to the extension of the note issue. On the latter point I am to observe that the stipulation requiring our deposit of coin or bullion with the Govt. to the full amount of the excess issue would render extension of the issue of little or no value to the Bank, while it is scarcely desirable for H.M.G. to hold security against notes which it declines to accept. It would be preferable that the Govt. should have no connection with the note issue of this Bank.

i 2. 40.

(Signed) C. P. LUCAS.

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The Sec. to the Treas. M Mr. Collins Sir, r. Fiddo. 14.12 Anod Slud Copy to Gov Conf 6 Feb 16b6, Hong Kong 19 Jau. 07. 275 D. With reference to your letter No. 14868 of the 2nd of Aug. last, I am directed by the Earl of Elgin to transmit to you, to be laid before the L. of the Treas., copy of a despatch from the Gov. of H.K. regarding the new issue of the National Bank of China. Colour - Lord Elgin proposes, with L.B.'s concurrence, to inform the Bank that H.M.G. are unable to comply with their request, either as regards the acceptance of the duty by the Govt. or as to the extension of the note issue. On the latter point I am to observe that the stipulation requiring our deposit of coin or bullion with the Govt. to the full amount of the excess issue would render extension of the issue of little or no value to the Bank, while it is scarcely desirable for H.M.G. to hold security against notes which it declines to accept. It would be preferable that the Govt. should have no connection with the note issue of this Bank. i 2. 40. (Signed) C. P. LUCAS.
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The Sec. to the Treas. M Mr. Collins Sir, r. Fiddo. 14.12 Anod Slud Copy to Gor Conf 6 Feb 16b6, Hong Kong 19 Jau. 07. 275 D. With reference to your ietver No. 14868 of the Zund of Aug. last, I am directed by the `à Earl of Blein tu transmit to you, to be in before the 2.0. of the Treas., copy of a ussp. Irom the Gov. of H.A. regarding the nove issue of the National bank on uhina. Colour - Lora Elgin proposes, with I.bb.' rence, to inform the Dank buat në fugio LS to be unable to comply with their request, vitaer að regulaɔ ine acceptance of the di by the Govt. or as to the extension of the note Issue. un the latter point I am 10 coserve 1144 the sulpulation requiring bur deposit of coin or bullion with the covi. to vie full amount of the excess issue would render extension of the issue of little or no valuë to the Zann, wille i 1 is scarcely desirable for Tuo wovt. to nola security et against notes whion it declines to accept. It would be preferable that the Govt. ancule have no conneion with the note issua vi tais pain. i 2. 40. (Signed) C. P. LUCAS.
2026-06-02 11:24:33 · Baseline
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The Sec. to the Treas.

M

Mr. Collins

Sir,

r. Fiddo.

14.12

Anod Slud

Copy to Gor Conf 6 Feb

16b6, Hong Kong

19

Jau. 07.

275

D.

With reference to your ietver No. 14868

of the Zund of Aug. last, I am directed by the `à

Earl of Blein tu transmit to you, to be in

before the 2.0. of the Treas., copy of a ussp.

Irom the Gov. of H.A. regarding the nove

issue of the National bank on uhina.

Colour -

Lora Elgin proposes, with I.bb.'

rence, to inform the Dank buat në fugio LS

to be unable to comply with their request,

vitaer að regulaɔ ine acceptance of the di

by the Govt. or as to the extension of the note

Issue. un the latter point I am 10 coserve

1144 the sulpulation requiring bur deposit

of coin or bullion with the covi. to

vie full

amount of the excess issue would render

extension of the issue of little or no valuë

to the Zann, wille i 1 is scarcely desirable

for Tuo wovt. to nola security et against

notes whion it declines to accept. It would

be preferable that the Govt. ancule have no

conneion with the note issua vi tais pain.

i 2. 40.

(Signed) C. P. LUCAS.

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