278

Hory.

"Une Rank refer (first

both Chartered Bank

Jender

g

Australia & Chura having

recognition

in Manila. But in

then casan agency in any chief

fort.

or place of trade in the East

ins per cxpressly permitted by the

Charter

Им

masons why the propersed ordinanen of 28472 was disallowed swers that the masury considered that much an Fidinance would

be inconsistent with International obligations. These

Emoted

so the messy letter 2039/88, a copy of aliich had better go to the

To. as showing,

showsing, not only these

reasons, but the conditime on Which it is now proposed to exten

the powers of the Bank, It showed be added that the despartit

A

consuming these conditions to the Sov: only went out the other day.

To the To.

LAN

Apart from the answer

I should have been

could have arranged

with Bank that

should be accepted in turn for an

ordinance to be immediate passed

glad if

there conditions

legalising the Bank

aquay

at Manila

it

math

pleading before

view

of

the Madrid (cost of the Baraka

is defeated, the reasons for the

securing the note circulation will be

stronger than ever

and I should

t

the Bank would consent to almost

any

Reasonable conditions

for

th

ao

sake of Establishing its status however the Bank has been furnishes

with

statement

of

these conditions

(Craft on 8271) perhaps

we

may

hit it move in the matter. The

difficult in that the London Establichung

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