CO129-529-2 Currency- note issue 31-1-1931 - 31-1-1931 — Page 42

C. O.

Mr.

Clauson 157

Mr. Vun

Mr.

Mr. Tomlinson.

Sir C. Bottomley.

Sir J. Shuckburgh.

Sir G. Grindle.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

15/7 at mu

DRAFT. the core

Governo

Itong Kemy.

Roo

N.. 83

C

R 16JUL

Coded & sent 42!

7-0p.m

15/7/31

L.M.

Chartered Bank have applia to Treasury for supplemental Charter increasing this

معمى

powers of note issue to $50 million. The state present issue now almost $2, million

• that they may

be gravely

embarrassed if some extension, say at any rate $5 million, not allowedo Conditions to be same as hitherto vis. one thing coin com two

thirds Securities covero

Am referring questi – to Currency Committee which is at present considering Com. -mission's Report, but should be glad to know as soon as possible whether your su any objection to proposal rifnot on what terms viz. these suggested or full silver cover expansim sh. be allowed & wate

what

figure ah? be allowed. My own inclinationis prima