S
9
195
abortion
ty
Her Majestyp Government would not, I feel assured, cauction the
a paper curreng in place If a metallic one which is in every respect is infinitele interion; and can I think be
nothing
the relative rates which
axe
faires
legally
then
resigned to the Mexican dollar, rupee, and Sovereign, while practical opperience convinces me that the greatert difficulty and cubanaument would arise if ther than perfect coins of full weight and a tired assignable value" were admitted as a legal tender of Layment.
British Silver
Money may be intrinsically inferion to the other
legal coins, but what little there is of this in circulation is readily taken by all carties as a medium of exchange and will always be redeemable fills at the same relative rate as
for
Merican dollars. The importation this Coin is characterized by the Civil
Officers
as an injudicious measure on the part of the Commissariat; but the Lords of the Treasury have thought therwise, and there has nevei yet been reason to regret its abortion or to question the advantage of its operation generally..-.
In conclusion I beg to repeat
an expression of my regret at being unable from
a sense of paramount
public dute to concur with the Civil
Officers in a matter which they conceive affects their private interests. I have bien called upon for a formal opinira in my official caracity and could not consistently submit to His Excellency an other than I have thus done.
(True Coffy)
Maine Colonial Secretary-
I have to. (Signed) John W. Smith,
A. C. G.
LY.
DEX