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JOWMZA II' Jane'
↑
•
sallied Ti zasu
(the Juntah dite est to zattal way to dŋteoex is aw I
mikkatīt par sakt: tot,benoituen: serumo Juus
treme 1,1l sea of bellao 1 yabredest taka erair dog th
best rumen alið 20 yṛoo a dir gatvig, yllin zetta: sie beukalipos. Buta
2. Selita quo mort zażdel mit 20 ygoo a osim (00:Lutibru wou
pumba kulit? Sollimibrü su sið tot gutylqqa fatuurravet quoiguo.. crít
mda ən talk tald zaela #l exact of yxaarsden suokrausigra sát IIa
ard to stearatak tand vứt toh bas boltižnu) siéed at rok zal ins
·zuo:iæ. To guslej
Ni mi Ingu alið to rattad a'zogami, zi to vyoo Điê MOTI
3 Talius at. gyrusser? s'přmejali eik te wyseminatering abroX síð
seorang bit rebar noisinog sið abrazar na misaades;queim Ortylin
Makrig, #roŭeet zi od beband I rurkata pomact niit has onewilbrü weer
JAS 6701@*% Jurid I Iflw,tiaval aretrav ta omast adom 20 aftatob
."Uti betaderodeurmEm
4
•
·
Lacoltibha oď blưoća ukoo talt kolikatni ont son at #I
est to utibaer adð rignoit la noktikunea "o tlabṛab art 02
,.0.1.0..pel auli109.8.4.
Ordinance would be that for the 2/3rds of the ordinary issue of $30 millions the Bank has the option of depositing ooin and/or securities, that is partially nullified by the undertaking to
always keep depositad with the Government ecin te the extent of
1/3rd of the note issue in circulation. Advantage could only be taken te make use of the facility of issuing notes against securities to the full extent of $28,353,338 in the case of an
excess issue over $30 millions, when securities would constitute Gaver for the 2/3rds of the ordinary issue and an equisalent
amount of cein be automatisally diverted against the excess issue
over and above the $50 millions, the result being that the excGOSS
issue would always be fully covered by the deposit of dollar for !
dollar.
At $30 millions the position would be :
fiduciary securities
coin
***
6.666.666 13,333 334 10.000.000
$30,000,000
100 100 100 200 1 1 1 1 1 M N
As the note sirenlation increased above that figure securities
could be deposited for 8/3rds of such increase and coin for the
balance of 1/3rd until the excess issue reached $15,000,000 making
the total issue $45,000,000 when the cover would be ;-
fiduciary securities
ooin
...
...
...
$ 6,666,666 23,333,334 15.000.000
$45,000,000
.1.3
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