question had better not be raised until have got it through at the Straits?
5.W.3.7/1
Unless and until an government note issue
is absolutely determined I do not think
the iss
new banks if
would
it would be well to absolutely forbid
issuing of notes by they give ample security. This gives a monopoly to the one or two existing
banks i
7
CP.L
الله
I think there mysti te a discretion from in
ti perbiliting hand for the Gut (It amend a some
what iqqular mention the Seanting of State in a
(olmial Law). But perhaps tie perhibition
might be absolute, if accompanied of an intrin
5
aten that there is no intention threate a
hernopoly, hate tanti
any
poline applications
will have the den dermed, if at alt, by Soecial Ordinance, which mureth tow
Infest of
98
a special bargain. An anumit of
Security which amed a parchically
satisfacting in the case of a flowishing
Bank, waned in wholly inadequate in
the case of a rotten Branch like the General
Bank off hina
8.11.94
Falide Intide the extemine
other Banks of
June
ALA
8
vete
pupand in that
pation of Mr. Painfuld's
Miinute I have marthed.
Rua 12/10
10 1501
M. Bransto Will it not now be necessary
to draft
!