CO129-183 - Public Offices & Others - 1878 — Page 142

J

137

strails settlements upon the application of the Bank. There is hackcoct, a previous point to be decided- The

Hongkong & Shanghai Bank at present carries on

under a n

business

act of the Hongkong

Legislature, and a Brauch of the Bank could only be

established in the Slodils

Settlements under powers obtained by

means of that Act. But it appears very doubtful to My Lords, whether the Legislature of one Colony ought to interfere in

any

loxy

with the internal affaiss

of another, and an independent,

If this be so, My

Colony. If this

Lords incline to think that

it would not be desirable

to act on the

for them powers supposed to be conferred

th Section

on them by the 4

of

the Hongkong act, but that! the request of the Bank to

be allowed to establish

a

-branch in Singapore should

oaly

be

granted, if granted, by

a separato Act of the Straits Lettlement.

- With reference to this point,

way.