If the amount of profit to be made is regarded as
and not by the consideration of
112 steriously a strong
there is obviously
---The Government should be very careful--to encourage or facilitate
by constant readiness to meet demands
the origin of which is not apparent,
and so to facilitate and encourage
the export of its subsidiary coin to
other countries. The advantage of the
immediate profit, unless such profit
is set aside and earmarked for the re-
demption of the coin, is far outweighed
by the risk of the coin being ultimately returned in large quantities.
4. I request that you will inform me
whether there has been during this year
any evidence of a scarcity of these coins in general circulation in the Colony;
in other words, whether they have at any time been at a premium.
If not, I am not satisfied that there was any real necessity for the unusually large supplies,