CO129-216 - Governor Sir Bowen - 1884 [5-6] — Page 427

issue so made entirely separate from the issues of notes oflarger denominations, and making it upon metallic basis. That is to say,

an

entirely

Bank would earmark and.

the

separate vault, the

deposit in a se,

Reyp of which would be kept by the

Colonial Treasurer, a special

reserve

of Mexican Dollars, equal to the full extent

4 of its One Collar Notes in

Crculation.

Case

This

reserve would be, in

of a suspension of poyment, inalienable to any other purpose than that paying the Notes.

The Directors trust that

of

their proposal will in every

way

meet with the

way His Excellency.

426

approval of

I have re

(signed) P. Jackson

Chip Manager