91

for safeguarding the body understand

That it is intended that

the reserve kept at the

establishments in

any

Colony shall be at

least

one-third of the

notes in circulation

in that Colony. Bookst

and

20

also

in any place, not being

a Colony

where an

Establishment exists, the

reserve in that

Establishment shall be

one-third of the notes

in circulation in that

place. But it is not

clear how the

distribution

of notes

can be ascertained

after they have been put

into circulation. Notes

when first issued must

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