CO129-382 - Public Offices - 1911 — Page 204

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knowledge failed recently owing to their being unable to cash their own notes issued by them without proper security: -

The Tek Boan Cheang Rank, Swatow.

The Two Bank, Swatow.

and it is possible that other Banks in other parts of China have failed for the same reason. Chinese and foreigners alike are affected by the financial crisis thus created and in the interests of the trade of the Colony I would ask you to draw the most serious attention of the Chinese Government to the dist

astrous consequences of the blind disregard of regulations the

prudence, observance of which, if nothing else, should have dictated.

I have etc.

sa/..May

Officer Administering the Government.