175
in payment of Revenu
The Conditions set forth
at one canied out, but on
were
reference
Was
to the Imperial Goverment it decided that the Company being unincorporated the Government ought
not to cauction of chermage issue in the Aland
of
the
The Bank's
Promissory Notes, and the same
was raised in
raised in 1847
objection
V
application
on the subject.
whin
WAZA
again
made
I believe His Excellence the Governm as well as his prediccion fully recognizes the advantages posuerie to a Parer circulation, under proper
precent bulks
restrictions,
mer
the
and inconvenient currency of
the
Colony; and as the objection formerly rained is removed by the grant of
- Royal Charter, may I hope that
سار
C
His Excellene, will now be pleased
to order the Bank's notes to be - reecived at the Treasury. -
I have further to acquaint
you for the information of the Sovernm that the Imperial Government have
consented to withdraw the notes issued by the Ceylon Treasure, and to substitute the Bank's Circulation
matting the notes a legal tender and Jan
of Oxinion that were the notes in like manner made
a
legal tender in this Colony, much
the lose and inconvenience at present opericneed, might be _ "avoided. This subicet is however beside the object if the present communication, but should His Excellency be of opinion that
a
would obviate the
paper currency evilo complained of.
and wish
for
;
1
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