C

162°

BAS

مجھے

I await the receipt of the Coins (or further instructions) from your despatch before fixing a day for announcing the proposed date for circulation of the new currency, and passing the necessary Legislative enactment.

4. The Commissariat officer now before me I learn that that department "does not circulate more than about £5 of British Silver and about £1 of copper per month."

6. The Colonial Treasury holds the necessary funds.

7. With reference to the 7th paragraph of your despatch suggesting the calling in of the British Silver and copper coins in circulation, I would remark that such coins are now and for long past rarely met with here, and such calling in would I think be unnecessary.

5. By a note of the 7th instant the manager of the Oriental Bank Corporation states: "The amount of British Silver at present in circulation in the Colony must be very small; we seldom if ever make any use of it. The Comprador tells me he always...

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