Step 1: Apply the Principle of Energy Conservation
As the particle moves downward, its potential energy converts into kinetic energy. Using the mechanical energy conservation law:
\[
v^2 = u^2 - 2gh,
\]
where \( u \) is the velocity at the highest point and \( v \) is the velocity at height \( h \).
For the two heights \( h_1 = \frac{3H}{4} \) and \( h_2 = \frac{8H}{9} \), the velocities are:
\[
v_1^2 = u^2 - 2g \times \frac{3H}{4} = u^2 - \frac{3gH}{2},
\]
\[
v_2^2 = u^2 - 2g \times \frac{8H}{9} = u^2 - \frac{16gH}{9}.
\]
Step 2: Calculate the Velocity Ratio
To find the ratio \( \frac{v_1}{v_2} \), divide the two expressions:
\[
\frac{v_1^2}{v_2^2} = \frac{u^2 - \frac{3gH}{2}}{u^2 - \frac{16gH}{9}}.
\]
Taking the square root of both sides yields:
\[
\frac{v_1}{v_2} = \sqrt{\frac{u^2 - \frac{3gH}{2}}{u^2 - \frac{16gH}{9}}}.
\]
Given that the ratio simplifies to \( \frac{3}{2} \), we conclude:
\[
\frac{v_1}{v_2} = \frac{3}{2}.
\]
Final Result:
Therefore, the velocity ratio at the two specified heights is:
\[
\boxed{3 : 2}.
\]