conditions
which moreover
88
certain liability in regard
to the specie reserve
which they
are bound
to hold against their
note circulation
agrees
Lord Kimberley
with the Government Commissioners of the
Treasury in thinking
that the ordinance
of 1866 establishing
the Bank had been
carefully
drawn out,
but require, should be
repeated, and
a new
one passed embodying
much new
provision
as may be determined
upon. Lord Kimberley
also thinks that it
will be desirable that
the branches of
the Bank in
the Straits Settlements
should be managed accordingly.