attached to
C.S.0.N: 3395.
Hany Honny, 2b. Binam bor. 1874. Received 27. December, 1871.
the
Assistant Controller
re
X. K. Clcove Esq.,
to
Governor Sir Richard Graves MarcDonnelly
K. C M E 6. 13.
Subsidiary Coins for Her Majesty's Forces.
Mem: as to the necessity
of -
Donnells
Enclosure Nos in Governor Sir Richard Graves Mar Bonett Despatch N. 914 of 27:
December, 1874.
th
Memo
(Copy)
1600/72
213
by the Auditor General
The subsidiary coins imported
in 1864 and 1865,
gane
a handsome
profit of £5 per cent in consequen
- of the high rate of exchange then 120 + 0 % ruling (14/0.7/4), and of the payment
5-54 ant of Signarage of the prem
bullion, ( 1 per cent) cost of manufmature
to the Mint (3/1⁄2 five cent) and. Freight and Insurance (3 fur cent) -
With the present rate of
exchange (14/41) which Sum cxdvised
is
likely to reside than advance and the scarsity and dearness of
Button
could not now
anticipate
EX.