COPY).

ANDRICAL SUPUSING

MINING COMPANY •

71. Broadway,

Jan. 10. 2001. 56

*

Whitehead:-

I am only at the office today between times. I was in Washington all of last week, and am going back again.

Your very kind letter, and also yours from Wardyston (reply not received until now) have been most welcome. I was leaving for Washington and was on the train, and now with my papers in Washington, I haven't had it before me to refer to the date.

I shall be greatly interested in receiving your memorandum to be drawn up for presentation to the Sub-Committee, and I know that you'll be equally interested.

I am much interested in the silver question and the construction in this country, and on returning to the country from England, I am to be kept informed in connection with drafting facilitating regulations which we hope will be both beneficial to Canada and to the importers of silver in a way with which I am sure you will sympathize.

I beg to enclose herewith the last draft made of the Bill to be introduced into Senate to give a silver currency to the Philippine Islands. In all probability, this Bill will be passed.

The design had some phrases during the week. There was no delay in it, and it is intended to coin the new currency as soon as possible, probably not later than the 1st of April. It may be decided, in order to facilitate a large coinage to start with, to coin these coins at both the Philadelphia and San Francisco mints.

The total amount of the silver coinage required is not a million dollars on hand, and regulations regarding it will be observed to a certain extent.

The intention is not to maintain the dollar to coin ratio.

Page 60

Page 61

Share This Page