200
12.
As regards the Proclamation I am of opinion that it should forthwith be revoked, because in the first place it is at present wholly inoperative, secondly, because the systematic evasion of it which circumstances have forced the local Government to connive at, has pointed out, to bring discredit on the functions of Government; and above all because of the insecure foundation upon which the present practice rests, inasmuch as the legality of the Judicial decision in favour of Mr. Arbuthnot has been questioned by Mr. Treasury, 20 Aug /58.
As another chief Justice now presides over the Supreme Court it might at any time be reversed. No time could be more favourable for making the change. I would therefore, as soon as the necessary arrangements can be made, withdraw the existing Proclamation and substitute for it another declaring the Dollars of Spain, Mexico, and the South American States of full and proper weight and value the only legal tender.
A local Ordinance should at the same time be passed declaring that whenever British Sterling Money has been specified in any former Ordinance whether as payments to be made to or by the Government,