16.
17. 573
and, if not inconsistent with the Established -practice in such matters, it might be well that New Order in bomneil provided
any the subsequent introduction of other Silver Coins, being aliquot parts of a Dollar. le prefer the ten cent piece at first- because it is a New Coin supplying
in the Cirenlation. It
obvious Obvimo deficiency
an
shmen be of less than its nominal value
objection to its on the score of loss
so that there mi
might
be
No
Coinage in
England
arising thereby, and in order that no
inducement might exist to export or melt it.
The suggestion made
estion made by the Home
Government that the Silver small change
of
the bolony should not be supplied by
the Royal Mint but that (experimentally
at all events) a quantity of Spanish Reals and double Reals should be procured at
Madrid and
cannot but
exported to the ongthong, we
regard.
as
singularly inapplicable
to the circumstances of this bolony. Then
main object indeed is to render the Currener
and
Simple
uniform, not to introduce fresh Elements of diversity into it, while it is certain that the Circumstance of these coins having
an identical nominal and real value would
lead to their being regarded as so much bullion and gradually abstracted from their le
Legitimate office of facilitating small local payments to that of supplementing large Exportation.
ones and of
the hope the measures of currency
reform
which
але того
contemplated may