128
involved in the transaction of the business, it seems diffi-
cult to believe that any Bank will incur expenses out of
pocket and the cost of clerical labour, out of pure philan-
thropy. There is very little doubt but that these expenses,
if they do not appear as an actual commission charge, will
be allowed for in the price of the silver or otherwise,
The business of supplying this coinage is carried
to
.)
on by us at an actual loss, and we have every reason
advocate any change which would relieve us of it b but we
cannot recommend the proposed arrangements as likely to
result in either economy or greater expedition.
I have the honour to be,
Sir,
Your Obedient Servant,
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