ABSTRACT

CORRESPONDENCE BETWEEN T H E GOVERNMENT

A N D T H E BANK OF E N G L A N D CONCERNING

T H E RENEWAL OF THE BANK CHARTER

To the Governor and Deputy Governor of the Bank.

As, under the provisions of 3 & 4 Will. 4, c. 98, the 1st of August is the day after which it will be competent to the House of Commons to give a notice to the Bank as to the termination,

within a limited period, of their present exclusive privileges, Her Majesty's Government judge it advisable to endeavour to come to an understanding with the Bank as to their future relations to the Government, rather than to terminate the existing arrangements by recurring to the notice required by the Act of Parliament.