CO129-039 - Sir Bonham - 1852 [1-12] — Page 180

175

in payment of Revenu

The Conditions set forth

at one canied out, but on

were

reference

Was

to the Imperial Goverment it decided that the Company being unincorporated the Government ought

not to cauction of chermage issue in the Aland

of

the

The Bank's

Promissory Notes, and the same

was raised in

raised in 1847

objection

V

application

on the subject.

whin

WAZA

again

made

I believe His Excellence the Governm as well as his prediccion fully recognizes the advantages posuerie to a Parer circulation, under proper

precent bulks

restrictions,

mer

the

and inconvenient currency of

the

Colony; and as the objection formerly rained is removed by the grant of

- Royal Charter, may I hope that

سار

C

His Excellene, will now be pleased

to order the Bank's notes to be - reecived at the Treasury. -

I have further to acquaint

you for the information of the Sovernm that the Imperial Government have

consented to withdraw the notes issued by the Ceylon Treasure, and to substitute the Bank's Circulation

matting the notes a legal tender and Jan

of Oxinion that were the notes in like manner made

a

legal tender in this Colony, much

the lose and inconvenience at present opericneed, might be _ "avoided. This subicet is however beside the object if the present communication, but should His Excellency be of opinion that

a

would obviate the

paper currency evilo complained of.

and wish

for

;

1

Page 180Page 181