CO129-523-12 Currency situation 17-2-1930 - 9-7-1930 — Page 2

I Waley (Treasury) 5/0

suggestions as to storage

ง

to know present position alous?

17-2-30 2

silver, would like

currency.

2. Mazechiel (C.A.) 24.2.30

Suggests affount ment of Expert Committee to

enquire into H.K. currency.

(1 the mick (1) is Offersfrist ely read on this file - whit can contain all gen? conce about HK. currency).

I do not to be explicable by

Deffealto

The Bank is required by Ordi

$3,

2 of 1866

Section 113

to defosit

security for it's note issue and under

sub-section (4) of that section, vortions of

the security in coin of

be deposited

billion may

мен

"in such flaces ontside the

Colour, with such persons, to such amounts &

subject to such conditions, as may at

any time a from time to time be approved by

the Govenor".

There is nothing by on offelö

indicate that the like Shanghai Bank have