9th
Lords Commissioners of the Treasury should be asked to sanction under Her Majesty's proclamation of January 24, 1863, an experimental coinage of Fifty thousand dollars - $50,000 worth of token half dollar coins, similar to those which have been so successful in Singapore.
Sir William Des Voeux was strongly in favour of the suggestion, considering that the issue of such coins, owing chiefly to the great scarcity of One dollar notes, and the great difficulty thus experienced in making small payments for wages etc., would be a benefit to the community and a financial success, and the Executive Council to whom the matter was referred were of a similar opinion, and advised that, as the first experiment, twenty-five thousand dollars worth