IitCCklaHc CAtt&BOBAM London, .Tune 30, lfM. federal Reserve Bank of Sow Tork ¦ev Tork So. 5S6/UO COlin >KBTUL fOR SPROuX You* lo. 668/Uo Ujwa receipt of British Ooviramt recueot nentloaed im your Ttaja/rrauh OW which it bein« trmntnlttwd to your Qoraraaent through the Aaerlcan Snbnssy hern ulense tra efer under ndilu to us balances hold for tho following accounts to n»v Accounts slallarly designated In tho Hit Britannic MaJsstyS Govemnenti- Currency Accounts! Bank of »n*lan«* Current Account f Bank of ftaflUad Ourront Account 0 Sank of Borland Special Account A Gold Accounti Bank of Kn*laad noabsr 3 Account. TWO After tho trunofsrs in our paragraph ©no haTO offoctod any mm which nay ho tendersd to you for tho account of tho Bank of BnsOaad should ho nutonp.tically placofl to tho credit of Hit Britannic hajesty's Government Ourront Account 0. Similarly any instructions issued by tho B«nk of Bnglond which nay roach you by nail, after tho transfers but* eon offooted, to rocsito or say for the credit of or by the debit to n Beak of Bna^ond Account should bo row. nr.. SIX - 2 - carried out by passing the relative entry through the sopronrlnte Accounts in the name of Hie Srltsualc Majeety'e Oovernaient Ve understand that British Oovoraaent request will authorize you to accept ear iaetructions for all operation of accounts in the nana of Hie Britannic Majesty's Government. Ve confirm that oonditiene red signatories covering our accounts with you will until farther notice apply to the conducting of the accounts in the sme of His Britannic Majesty's Sovcrnaeat. Your Ho. 668/**0 paragraph gHMI British Govaraiaent have r quested your tfoveraaeat to orovitle confirmation required if this is considered necessary. Ton will be inforaed by your ^overaasnt that notification as la Tiaragra » OD our any be piven to you by counsellor£)for the tine being to British Kabassy in wasMmston at present Mr. Seville Butler as on alterant* to His Kajssty's Ambassador. Tou will similarly be inforaed that authority extended to His WaJestyU A»bass.«a©r and J. A. C. Osborne ia our Ho. 517/^ paragraph M includes power to delegate authority to operate on the accounts in avor of any neraaei a* persons whoa either Mr specify, ami Tour Ko. 686/**0 V* oeaflra that udob receipt ef notification la fera footed frea om ef the t>creoae author!ted la paragraph T1T1 laetrmetloae and authority containe* la paragr%t>he OaTt WO and TB»«3B of oar will ne affective and will apply to oar Dollar Account t Dollar Account a and ear ••U Account L-uraber 3. Catterna Bank af Mariana. CaMe 91^-slon