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I am aware that the question of the bestowal of
Note-issue privileges upon the Mercantile Bank of India, Ltd.,
is primarily one for the consideration of the Colonial
Government, and my reason for troubling Their Lordships in
.the matter is that I understand that certain rules have been
laid down by, or on the advice of, Their Lordships for guidance in all decisions in such cases. Such rules have
been, or are being, waived in the renewal of privileges to the Banks at present enjoying the right of issue, and it is but right that the Bank I have the honour to represent should
receive similar consideration.
I am,
Sir,
Your obedient Servant,
(Sd) JAS. CAMPBELL.
Chief Manager.