CO129-183 - Public Offices & Others - 1878 — Page 141

is evident that one

of

the

It steps should be the

first

withdrawal of the limited

monopoly of small noter oblained inadvertently be the Hongkong tShangha's Bank; and, as that Bank would not improbably ask for compen. -sations My Lords are

in the

ten

univilling

meantime to concede

gratuitously to the Bank advantages, which might fairly be offered in return for the surrender of a monopoly, which clearly ought have been granted, and which

clearly ought never to

in fact was

15159 78

136

only obtained

by the reprehensible act of

the Governor. My Lords, therefore in requesting

an immediate

settlement of the currens of

question, and in propo

a postponciment

proposing

of

decision

on the application of the

Bank, are

simply consulting

the financial interests of "the Colony, as they themselves have no interest of any the matter-

elly

kind in

Lords observe that the

Secretary of State proposes to consult the governs

in