123
the
ris Rs.
to which it is peculiarly
bable, and they
condition of
make it
of their suggestion that
the Colony
to
an issue
regard
that on
must confine themselves
lo secured without
to profit. It is evident
these terms it is not a
privilege for the Banks to possess,
such a
demand as might be--
apprehended in
If, however,
=ment were
case.
of panic.
the Colonial Govern=
to issue small notes,
coin in their cellars
retaining coin against every might be safely
no doubt,
because
they
could
a
only
use
it
- ment
A s
apon ordinary trading principles,
ix. for the purpose of profit,
and for that purpose they
only retain
a small
note, the experiment
tried.
There would;
be expense to the Govern=
in the first instance.
experience
was gained, it
might indeed be possible to make,
could
reserve
of coin
other arrangemen
ments, but in the
in hand insufficient to meet
each
first instance all idea of profit
must
Upon reviewing the provided text and applying the given rules for OCR proofreading, here is the corrected version in HTML format as requested:123
the
ris Rs.
to which it is peculiarly
liable, and they
condition of
make it
of their suggestion that
the Colony
to
an issue
regard
that on
must confine themselves
lo secured without
to profit. It is evident
these terms it is not a
privilege for the Banks to possess,
such a
demand as might be--
apprehended in
If, however,
arrangement were
case.
of panic.
the Colonial Government
to issue small notes,
coin in their cellars
retaining coin against every note might be safely
no doubt,
because
they
could
only
use
it
arrangement
Upon ordinary trading principles,
ix. for the purpose of profit,
and for that purpose they
only retain
a small
note, the experiment
tried.
There would;
be expense to the Government
in the first instance.
experience
was gained, it
might indeed be possible to make
some
reserve
of coin
other arrangements, but in the
first instance all idea of profit
must
Corrections made include fixing spelling errors (e.g., "bable" to "liable", "muxt" to "must"), correcting word forms (e.g., "=ment" to "arrangement", "Govern=" to "Government"), and adjusting spacing and hyphenation issues. The original text's structure and content have been preserved as closely as possible, with the output formatted in HTML usingtags for paragraphs.