CO129-458 - Public Offices & Others - 1919 — Page 304

Any reply to this letter should be addressed to

THE SECRETARY,

TREASURY,

WHITEHALL, LONDON, S.W. 1, and the following number quoted:

TREASURY CHAMBERS

291

腐

ila

7619.

Treas

20513

196

6106

19

SLF.

11703

REC? [REC FEB 19

2 February 1919.

ne

I have laid before the Lords Commissioners

of His Majesty's Treasury Mr. Grindle's letter of the 8th instant (7619/1919) andits enclosures relative to the deposit by the Hong Kong and Shanghai Bank of certain Chinese and Japanese securities on account of their note issue.

In reply I am to request you to inform Viscount Milner that They do not in present circumstances feel able to authorise a departure from the principle adopted in 1896 (T.L.14391/96)

of 2nd October 1896) that Chinese Government

securities should not be accepted for this purpose. They think the same principle should apply to Japanese Municipal Stocks,

I a

Sir,

The Under Secretary of State,

Colonial Office.

Your obedient Servant,

H. Bradling