304
by Royal Charter for carrying on
the business of Banking.
Eastern Colonies,
in the
are not authorized
to issue notes of that denomination,
and, if other Banks should
attempt to introduce the
circulation of such notes,
it would probably be expedient
at Hong Kong, when they receive
a detailed Report
on
the
subject from the Master of
the Mint.
I am, Sir,
your
obedient Servant,
for the Minister
to pass
A
Local Law to
restrain them;
Their Lordships desire me
to state that they will
answer the enquiry regarding
the
new
coins to be issued
at