CO129-386 - Public Offices & Others - 1911 — Page 289

Mletters to be ddressed to

CHIEF MANAGER"

LEGRAPHIC ADDRESS

RADISE, LONDON

THE MERCANTILE BANK OF INDIA, LIMITED,

41.

407. Threadneedle Street

Rea 11 AUG 11'

London 20

Aug. 10, 1911.

The Under Secretary of State for the Colonies,

sir.

Downing Street,

S. V.

287

With reference to our representative's call this morning

concerning the ordinance to provide for the issue by this Bank of

Notes in Hongkong, we beg to confirm the following extract from a

telegram received from our Hongkong Office;-

"Security to be approved by the Secretary of State for the

#

W

*

Colonias and to be deposited with Colonial Treasury of

Hongkong, no provision is made for Crown Agents for the

Colonies or Trustees otherwise, must arrange immediately

#

or it is useless, telegraph instructions.

#

and

As explained to you to-day it is very important that we shall have the option of depositing the Securities with the Crown Agents for the Colonies or Trustees here, as provided in the Draft Ordinance shown to us, as well as with the Colonial Treasury, Hongkong, we are wiring to this effect to our Hongkong Office to-night.

Hoping you will see your way to confirm this, and awaiting

the favour of your reply,

I am

sir,

Your obedient Servant,

Chief Manager.

(P.T.O.