was
103
prepared by Mr Pollard,& e, behalf of the Bank, and he inserted therein
on
a clause
giving. Paver to the Exporation to establish Branches and Agencies in India China and Japan.
I pointed out at the time (as the adviser of the Government) that such
a clause would
probably be objected to as bring "ultra vires" of the Colonial Legislature, and in order to meet the views of the fount of Directors, I anggestil the substitution of a Proviso in Section IV declaring think the
that