45.

100

be serions and difficult; and it

urged

the best

110

may

that the Banks themselves

eest

• judges of their own requirements

At the

to allow a

same time it

may

be

questioned whether it would be prudes s Colonial Bank, the failure

of which might be disastrons within

the

narrow

limits

of a Colony, to

establish itself in foreign Countries or in

other Colonies and whether

a requiremen!

whereby Colonial Banks have to secur - the consent of the Nome Government

Co

before they extend their operations not more consonant with sound franual pokey.

It is probable that if the Hong Kong and Shanghar Banking Corporation Bank of Issue, My

were

not a

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