Ireamry officer was to tender for
Supply; on 30th June he at once protested
against being called upon to tender.
In the face of these letters, it appears
to me almost ridiculous for Sir A. Kennedy to cope as he does in this despatch that
a week hot
he had a right to assume they
wanted by the Military authorities" the talk of "eventually disposing all that could be spared by sale to the H. & S. Bank"
It may be that the Treasurer did not bring to the notice of the Colony those this correspondence, but if so, why did not he or why does not Sir A. Kennedy say so ? island of trying to attribute the failure to supply, the Chest - to his unfortunate disputes with the
as to the price at which the dollar were sold, I do not quite understand What he means by "at exchange 4/32" :
20 Chalpieses or 10 ten cent pieces
or 20 5 cent pieces given to the banks in exchange for 1 dollar & I do not know what this
Shillings
pence or farthing have to do with it: perhaps it means that the coins were sold for a bill
on London at that rate, but if so, it is a case of mixing up 2 distinct transactions. it is impossible to say what the transaction was
without knowing what the rate of exchange
was at that time per Hong Kong dollar
If it was less than 4/32 at that
date, which I very much suspect these
subsidiary coins were actually issued at a premium
Sir A. Kennedy when he wrote them despatch had only received 10706, & not Lord Carnarvon's on 12581; perhaps
before writing to the Treasury,
we might wait for a further answer, which is pretty sure to be forthcoming.
YAR
This is all the more wise
We must wait for
8/1/77
125P1 and there if we remind him of the correspondence with the R.E. chief officer.
June
a reiterate the intention
that they
are not
to interfere
in the granted
the subsidiary coinage and "Thesauris supermit it
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