statement of residence and ownership.
It is also suggested that public
statement could be made in reassuring terms at time of issue explaining that
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effect of the condition regarding "residence"
would be that payments would be in
Hong Kong dollars only, and indicating actual
practical effect of conditions as to residence and ownership, and warning persons
intending to become "non-resident" to sell
before leaving colony.
8. I am most anxious for money to be
raised locally without incurring exchange c control dangers, and I hope that in light
of this fuller explanation you will find it
possible to proceed on above lines.
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