the proportion of thes 17 notes; say that Love Carnarvon does not know

the terms of the permission given by the Governor, but that he assumes from Fir M. Kennedy's despater no 46 of 2th July 1872 (8744) that it was a fened accent to the application of the Bank without limit as to amount

or time (Fir Julian Pauncefole might perhaps be able to Corroborate this). & that as to the leger

powers of the Gar- to recall or

& But Imffere

>

hot brand the Maximum of their acte ant arigermelly passi

er ai

modify his cauction subsequently, it appearech tobe for their Lordships to consult their own legal advisers, as they returned in their own hands the responsibility of deciding questions as t

Controtting the currency of Crown Colmice. & Add that Lord Carnarom prite Concurs in the several views expressed in the last two paragraphs of the letter Under reply, twith be ready to give wepression to them, should recasion arise; but that

by Ordina

it was precisely.

on account of the importance & dif

A

lifficulty

725

of the present case, that in his Lordship's Fainion the Govt should be furnished with distinct instructions at as carly a datens

possible, that he tasted with their

now before them. postinformation their Lordships would be mabled to come to a definite conclusion

without further references of the Colony.

No notice is taken of the other letter of the 16th Jane (5556).

яка

30/11/7/4

Jundentand this oracular

Jus

letter

pom

the measing means that their dortips will not

insist

in present cines in the withdrawal of these notes from circulation, but deprecate dry Extension permission.

з

the

Inmed send them the inf- Prepand

by the found and say that on learning that they apprime Li samarrow with An the sand the correr proudeme Goremer with intentions brestmit;

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