REPORT.

The Select Committee of the House of Representatives, appointed April' 29, 1856, "to take further evidence on the subject of the Bank of Issue," having given careful consideration to the matters referred to them, report as follows : — That this Committee are of opinion that it is necessary to afford facilities for extending' banking operations in this Colony, and that any obstructions now existing should bo withdrawn as speedily as possible ; for which purpose the prohibition of the issue of notes by private banks should be forthwith repealed. WILLIAM FOX, Chairman. Committee Room, House of Representatives. May 2, 1856.