6th. To appoint an official Government Inspector for each bank.
7th. To limit the dividends of all commercial companies to their net profits on each half-year's operations.
8th. To prohibit the issue of promissory, or other notes to bearer, without authorisation of the Legislature, except cheques on bankers.
9th. To allow to the banks the mutual exchange of their notes received in payment.
10. To submit to the Government's approval all sorts of companies and corporations, after certain formalities for the guarantee of the public.
11th. To make concessions for banks of issue for railways and canals dependent on the Legislature.
12th. To regulate the organisation of savings-banks, friendly societies, and pawnbrokers.
13th. To substitute the copper coins by bronze.
14th. Finally, to facilitate the acquisition of the Railways for the State by exchanging their bonds for Government internal stock of 6 per cent., or for external of 4½, both at par.
Of such efficacious character were the provisions adopted by the Law of 1860 that the foreign exchange, infallible thermometer of the circulating medium, was gradually rising, and from 25¾d., where it was at the publication of the said law, it rose to 27⅝d., that is to say, it went above par, and this was the rate at the time when the financial crisis of 1864 occurred. Accordingly the market price of bullion also went down.