CO129-409 - Governor Sir May - 1914 [1-3] — Page 44

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

The balance in Canton Provincial Notes to a face value of

about $14.000.990 to be withdrawn from circulation & held in

safe custody pending redemption by the Central Government

under the comprehensive scheme of note redemption now being

considered in Peking. The difference between the subscription

price of the notes & their redemption price as fixed later by

the Central Government will be born by the Canton Provincial

Government.

5.

The Canton Provincial Government give an undertaking to

stop any farther issue of Provincial Notes.

43

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