432

without the personally

Mained Sanction

Z

the Leunbar of

State; in being

also understood

instance of the Government secured its

note issue by deposit of securities,

that the Government should receive un-

conditionally the unsecured issue of

another Bank, and I am to say that Lord

Ripon would be glad to learn whether in

the opinion of the Lords Commissioners

of the Treasury it would not be wise

to enact a law prohibiting all further issues unless they are secured in the

How Hot

Janally

same way as was

and te

(the Hong Kong and Shanghai Bank, au

I be

The same extent as was in the

that such sanction first instance proposed to that

would not be grey Bank.

A

I

mayy

4 suggest Hent

my node to ferning slutty and

be batte. Ir probitit Juture issues

[which may

be them bekert!

to supply any deficiency

the present note circulation

by a government issue.

3

prom

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