CO129-510-1 Correspondence concerning securities held against note issues by various banking corporations 28-2-1928 - 16-10-1928 — Page 29

Copy.

No.15 in 49/1920.

Sir,

Enclosure No. 1.

29

Treasury,

Hong Kong, 5th October, 1927.

See C.O.D. No.268

of 1st Sept. 1927.

Hong Kong and Shanghai Banking Corporation

Note Issue.

With reference to Mr. Barlow's letter of

25th February 1927 on the subject of the deposit of sovereigns with the Crown Agents for the Colonies as part security for excess note issue, I have the honour to enclose copies of documents from the Colonial Office and Treasury and should be glad to know if the Treasury suggestion meets with your requirements.

I have, &c.,

(Sd.) C. McI. Messer,

Colonial Treasurer.

The Chief Manager,

Hong Kong and Shanghai Banking Corporation,

Hong Kong.