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amounts in sterling. The contention of the Colonial Government as set forth in the letter of the 2nd June must be set aside,
As in fact has already been [done] on page 3 of Lord Ramsay's despatch.
3. It is also an indisputable fact that the Military contribution by the colony is paid quarterly to the Chief Paymaster at the market rate of exchange.
After a full and careful consideration of the despatch of the Secretary of State for the Colonies and of the arguments which have led to his decision on this important question, I am unable to see how the reasons for non-compliance with the terms of that decision brought forward by the Colonial Government can affect the principle, and in view of the serious inconvenience resulting from the action of