CO129-369 - Acting Governor May Governor Sir Lugard - 1910 [10-11] — Page 285

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

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to effect a free circulation in the market. This guild has passed a resolution that for all exchanges, receipta and payments in the banks of this guild, Canton Government notes ehall be used for the

convenience of all concerned. At present the Canton market is as

peaceful or ever. Any one who wishes to obtain any cash money for his use may apply to aby one of the banks of this guild for exchange

of same at his own choice. This is a special notice for general

information.

Notified by the Chung Shun Tong, guild of Native Banks,

Dated 14k 13t day 9th moon 2nd year of Suen Tung.

at Kwongchow.

OFFICIAL NOTIFICATIONS

Chan, Provincial Treasurer of Kwangtung province in the matter of issuing a notification for general information.

Whereas the notes of the three denominations, viz:- Ten dollars,

five dollare and one dollar, at 7 maces and 2 candareens to a dollar

ar at par with the subsidiary coins on exchange, which are issued

by the Canton Government Bank and on the back of which are printed all the conditions under which they are to be used as a currency, have been hitherto accepted and used with confidence by all people; whereas owing to the Yuen Fung Yun Bank having suspended payments,

some law-defying bad characters have recently invented stories

saying that the GovernmentBerk has been effected by the Yuen Fung Yun's failure, thus befooling the ignorant people and making pro-

fite out of them by collecting the Canton Government notes at g

discount of ten or twenty per cent from them and obtaining the full

value on exchanging them from the Government Bank, and some of the RE

bad characters even refuse to accept these notes on purpose;

whereas these people do not know that the Government Bank is a

public establishment is quite different from the Yuen Fung Yun

which is a merchant's firm and which has no connection whatever

with the Government; and whereas all cunning traders and wily

merchanta

1374

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