78
we proposed in the
telling them, as
(141 Straits letter to which this is
an answer,
that it are will be no
Ir
objection to
the Singapore Branch, but that
they may
have to lay their
account with giving up theirs
dollar notes
Un Teasing point out however,
tt tt B
which must
G
ciremustame qnecessit occasion some delay in the pinal anewer
to the Bank. They observe that we proposed to consult the Governor
of the Straits upon the subject, but, they say, there is a previous point
the decided, viz.
the offeel relation Ottu Hong Kong Ordinance
incorporating the Bank towards other Colonies when the Bank
may
propose to establish itself. I take
it this was the any virtually
on which we
the very acestion
proposed to consult the Governor of
the Straits. It seems to me that
the Treaminy are over anxious this point
مت
on
they were in 1ors. They then objected to sec. 4 of the Ordinance in perminin
to the Bank to Establish branches beyond Hong Kong
if with the consent ofther Treasury) *
on this assumption that it was
an interference with
a proposal ofte Indian Gout to prohibit the establishment of Banks in India Except under the legal sanction of that Gout. Fig. Panneefore, in the Opinion which the reasury now refer, & of which
to
I anner a copy, pointed out
what woh I think already clear,