CO129-520-2 Currency- note issue 22-11-1929 - 11-11-1930 — Page 35

No 505.

AEOLIVED 1-JAN 50 100L. OFFICE

GOVERNMENT HOUSE,

HONGKONG, 22nd November, 1929.

35 END

(25)on

52921/28

My Lord,

With reference to previous correspondence terminating with the despatch of the Officer Administering the Government No.369 of the 20th of July, 1928, regarding the security for the note issue of the Hong Kong and Shanghai Banking Corporation, I have the honour to inform Your Lordship that at the request of the Bank, this Government, on the 14th of November, 1929, authorized the Government of

the Straits Settlements to release Straits Dollars $115,000 Straits Settlements 51% Conversion Loan redeemable 15th

November, 1929, which was held as part of the security for the note issue. Apart from this the note issue is amply covered by securities and silver dollars already ear-marked.

وق مرد

Cow pry to

I have the honour to be,

My Lord,

Your Lordship's most obedient,

humble, servant,

Wilment

Governor, &c.

THE RIGHT HONOURABLE

LORD PASSFIELD,

&c.,

&c.,

&c.