loud to or interfere with mercantile transactions.
This hoelanation is still in force and in the absence of the Law Officer of the Government and of any copy of the "Orders in Council, I cannot take upon myself to decide positively, whether it is not now that this Island has become a British Colony, a violation of the Order in Council promulgated on the 23 March 1895 extending to all British Colonies the circulation of British Silver and Copper money :- but, independently of that question, I consider the remarks of Mr. Martine on this subject entitled to great attention, and that serious inconvenience is experienced, and the market price of Everything much enhanced by the want of small coin for circulation. I beg also to represent,
to Your Lordship the great hardship to the servants of Government here exposed by the high rate at which the Dollar is valued in the payment of their Salaries. The intrinsic value of the dollar is the only equitable and steady guide in determining its permanent valuation, and as an approximation to it, the Government has in the West Indies, the Canadas, Gibraltar & adopted 4/2 as its value in English money. By an order of the Admiralty the same rate has been fixed here, and generally for the payment of Ships in the different stations. The fact now, and for a considerable time, the rate of Exchange here has been,
illustration of the way in which it works I may mention that while the Civil Officers receiving their pay at the rate