729
have been
oblained of the amount
no te circulation of the of the
proportion. are dallar notes bear to
of the whole Bank which
the
and
whole issue. It should further
be clear
arly
1 permission
anderstood that the
on & co
wven' in this
CASAU
is not to
be
m a he
a precedent
$
My
hords continue to
lay great strees
opinion expressed
of a Colony
are reserved to Governors,
They should not exercise them without
the approval
first obtaining the Secretary of State.
going
of
3.0
for
As
paper currency of
Without
to
that a
low denomination
Che
Just fiable
of
that
such a
be
never
Expedient, it is certain
inconvenience and danger ofits
u po n
the
in the last
the degree of
the
a
paragraph but one of their
letter
of
3
6th October 1874, vigt,
that where such serious
powers, as there of interfering
with
the
m
netary circulation
of
currency
involves
o w ny
in comparison with
which,
dvantages offered, is a question
ma
ay
of the utmost im
utmost importance, and m
be one
defficultif
of Extreme de
Jam Livi
Your obedient Servant,
Willen has