CO129-166 - Public Offices & Others - 1873 — Page 176

C

174

uitended to limit their objection

to the want of perver

on the part of the Colnual Legislature to davetine the foundation of Banking Estab- - lishments generally in Foreigin

Countries

aque

My Lads have already, is anottur iistance, decüred to to advise Her Majesty to grant a Royal Charter providing for such a purpose, and, as they would not feel at liberty to give their consent, which Clause #1 in the Draft

for Orduance provides, were such consent applied for beyond the limits traced

by Clause II of the Orduance of 1866,

they

They cannot recommend (the decretary

of Itate to advise Her Majesty

to

assent to the extension, which is proposed, of the latter clause-

My

Lods consider that the momalies and doubtful questions which must attend

any attempt

to extend British authorisation

to trading operations in other of curlisyed and independent Countries

ought

to be avoided.

The Enclosures to

you

Letter

au

returned herewith-

Jan, hii,

You Obediench Servan

Willes Lo

UMEL/S

There