31/05/Conf.
30971
RECK
TRE: 22 AUG 06
Colonial Secretary Hong Kong to Crown Agents.
Gentlemen,
Colonial Secretary's Office
7th April 1906
548
I am directed by the Governor to inform you that a despatch has been received from the Secretary of State concurring in the proposal contained in the sixth paragraph of your letter No.30D of the 23rd of February last as to the establishment of a special fund under your control for the purpose of liquidating the loan recently raised.
The arrangement appears to this Government quite suitable.
2. Whilst agreeing with your disappointment with the general result of the issue this Government is unable through imperfect acquaintance with the circumstances of the London Money Market, to comment in any way upon your apparently complete explanation as to the comparative failure suggested in your letter.
I have &c.
(Sd) Issercombe Smith.
31/05/Conf.
30971
RECK
TRE: 22 AUC 06
Cub nial Secretary Hong Kong to Crown Agents.
Gentlemen,
Colonial Secretary's Office
7th April 1906
548
I am directed by the Governor to inform you that
a despatch has been received from the Secretary of State
concurring in the proposal contained in the sixth paragraph
of your letter No.30 D of the 23rd of Febrery last as to
the establishment of a special fund under your control for the purpose of liquidating the loan recently raised.
The arrangement appews to this Goverment quite suitable.
2. Whilst agreeing with your disappointment
with the general result of the issue this Goverment is
unable through uperfect acquaintance with the circumstances
of the London Money Market, to comment in any way upon your apparently complete explanation as to the comparative
failure suggested in your letter.
I have &c.
(Sd)ISercombe Smith.
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