Mr. R. L. BORDEN.
Even if we had nothing more in Canada than a head office inspection it might be very useful. It would be a task of very great difficulty to effectively and thoroughly inspect the enormous number of branches throughout Canada. The difficulties in the past have arisen in almost every case from the lack of any inspection at the head office of the bank.
Even if we eventually went so far only as inspection of the head office it might be a very great safeguard against the repetition of certain occurrences in the past.
Subtopic: AUDIT AND INSPECTION OF BANKS.