13

7

thinking that the matter

be left to settler itself. Of

if

must

Course

the law obliged the people

to accept the cropped dollars the

case

would be different. But

though the Order in

Comel

4/63

do simply state that beexican

Dollar is to the legal tender, without defiring that that hollar in any way, I take it that, as

a matter of fact, the traders do not feel bound to accepted defaced com. This view is supported

by the fact that the chopped com

is at a discount, and also that the Chinese have petitioned to have it and expressly made

legal tender by enactment. I have

in my minute on

8324/11

14116 suggested

suggested p.5.

that that petition should be

auswered by

a

120

refusal, and I propose to answer

would now propose

at the same time the memorial

in 8777/77

8777 /17 (praying for a proiibition ofther chopped come

action

at all), by stating that abounir

action is taken it will

if any not be in the direction

of

Encouragement to the circulation of defaced coin. And it might be well to take the opportunit of Endeavouring to ascertain whatter it is not in the power of the commercial comming themselves to Exclude the chopped

dollars.

I have proposed

on this paper

& on 14116, (). Hants to answer

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