A deputation from the Committee of Joint-Stock Banks had an
in- terview yesterday with Sir Robert Peel, for the purpose of proposing their amendments to the Bank Charter Act. The deputation consisted of Messrs. Jos. Walker, Vincent Stuckey, J. W. Gilbart, Daniel Robert- son, and Oliver Vile. Mr. Walker stated the different points suggested
by the Joint-Stock Banks ; and Sir Robert Peel very courteously con- sented to the following modifications-
" 1. That instead of the averages of the two years as originally proposed, the maximum of the future circulation shall be regulated by the average of the circulation during the three months, February, March, and April, previous to the announcement of the measure to Parliament.
"2. That the future maximum shall be taken upon a monthly instead of a weekly average; so that if a bank should exceed its limits in one week, it may reduce it in the following weeks.
"3. That the word place,' in clause 13, be omitted, so as to allow banks to open new branches ; provided they do not exceed the fixed amount of their
circulation.
"4. That the act shall not come into operation so far as Country bankers are concerned until the 25th October, the period when the bankers' annual licences are renewed."
A deputation of Country bankers, headed by Mr. Spooner and Mr. Melville, had a long interview with the Chancellor of the Exchequer this morning.
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