612 received, this will represent a saving of $8,850 a year.
If you approve of the scheme now submitted and sanction the importation of $3,000,000 worth of subsidiary coin every year, it will not be necessary to trouble the Crown Agents to buy bar silver which will be purchased by the Hong Kong and Shanghai Banking Corporation, and it will be necessary to advise you only of orders for coin exceeding $3,000,000 worth a year.
6. The Crown Agents should be instructed to obtain the dies and punches from the Royal Mint, and forward them to the Government of India, and I request that in the event of your approval of this scheme, this may be done.
I have the honour to be,
Sir,
Your Most Obedient
Humble Servant,
Henry Arthur Governor &c.