Bubject.
Page
Serial No.
Despatch
From or to whom,
Dabo.
No., &o.
xvii
1906.
Subject.
Page.
150
The Governor
151
To Treasury
Telegram (Rec. Oct. 17) Asks that half-dollar may be declared legal tender for any amount as well as the dollar.
I
162
The Governor
360
111
October 17
!
Encloses copy of No. 150, and asks that provision may be made in the Order in Council for unlimited legal tender of the existing half-dollar.
111
163
To Treasury
October 17
Requests information as to the probable111
policy of the Colonial Government in
164
House of Commons
September 24 (Reo. Oct. 27.)
October 29
October 30
152
The Chartered Bank
of India, Austra
lia, and China,
view of the rise in the price of silver.
153
The Governor
Telegram (Rec. Oct. 18)
Desires authority to prohibit export of 112
Straits dollars to Netherlands India when necessary.
165
To the Governor
Telegram November 3
154
Treasury
-
October 19
Submita observations on the two alter- 112
native courses put forward by the Governor in No. 146, for dealing with the threatened rise in the price of silver, and encloses draft Order in Council to provide for the measures approved.
155 To the Chartered
October 19
Bank of India,
Australia,
and
China.
156
To the Governor
Telegram
October 19
157
Ditto
Telegram
October 19
States, in reply to No. 152, that the Colonial Government advises the introduction of a Bill empowering the Currency Commissioners to pay notes either in gold or silver at their option; announcements of further measures necessitated by the situation cannot be anticipated by furnishing information in this country.
Grants the authority requested in No. 153; it is desirable to insist on dollars being melted down before exportation to avoid future obligations in respect to them.
States that an Order in Council will be immediately bmitted empowering him to declare gold legal tender, authorising the reduction of the fine- ness of the Straits dollar to 800, and making fifty-cent pieces unlimited legal tender.
113
166
The Governor
Telegram (Roo. Nov. 5)
167
Crown Agents
Confi.. November 5 dential,
114
168
The Governor
...
114
L69
To Treasury
Submits Ordinance No. XXIII. of 1906, 118
"An Ordinance to amend 'The Cur. reacy Note Ordinance, 1899,'" together with the Attorney General's report thereon.
Conveys thanks for the promptitude 119
with which the Order in Council has been drafted and submitted to His Majesty, and encloses copy of No. 160.
Mr. Churchill, in reply to a question by 119
Sir David Brynmor-Jones, stated the provisions of the Currency Ordinance which has just passed the Legislature.
States what can jointly be done by 120
Birmingham Ind the Royal Mint in the matter of re-minting; observes that if the coinage could be postponed till the Royal Mint is less pressed it could be done much more cheaply; requests his views.
States that 10,000,000 dollars cannot be❘ 120
all shipped before December 15th: the Bingapore Chamber of Coinineroe urges great reduction in intrinsic value of the dollar; should new dies be struck by end of December, recom- menda fineness 800, reduction of weight tu 312 grains.
Transmita copy of telegram received from the Straits Government on the subject of shipments of coin to this country, and requests instructions.
Telegram (Bec. Nov. 8) Reports the unanimous adoption by the Legislative Council of a motion urging that for margin of safety_the new dollar should be of greater fine. ness than 800.
November 10
November 10
158
Ditto
...
Confi- dential.
Dctober 19
Transmits the draft Order enclosed in
No. 154.
114
170
To Crown Agents.......
Oonfil. dential.
159
The Governor
Telegram (Rec. Oct. 23) Reports that re-minting cannot be under- taken by Indian Government, and asks if it can be undertaken at home.
115
171
House of Commons
November 12
160
To the Governor
Confi-
October 26
dential.
Explains the action taken in regard to 115
the passing of the Order in Council, and states the reasons for which his recommendations were,
to BOID 6
161
Ditto
272
October 26
extent, departed from.
Transmits copies of "The Straits Settle- 116
ments (Coinage) Order, 1906."
Asks that the Royal Mint may be instructed to undertake the work of re-ooining the Straits dollars with the help of the Birmingham Mint; and requests views on the proposals to make the dollar of a greater fineness than '800, and to reduce the weight.
Summarises the negotiations which have taken place for the re-coinage of the Straits dollars; asks for a report with respect to the supply of "one dollar notes and on the extent to which the supply can be accelerated.
222240
120
121
121
122
Mr. Churchill, in reply to 8ir D. Bryn- | 122
mor-Jones, said that the only way to provide against the recent rise in silver, other than by reducing the finenem of the dollar, was to withdraw the fixed rate of exchange; this was recommended by the Currency Com- missioners, and the Governor had advised against its alteration ; it was impossible to ask the Governor to suspend action until the House had considered the Order in Council.
81104
PUBLIC RECORD OFFICE
Reference :-
TILLCO. 882
9
PUBLIC RECORD OFFICE, LONDONE
ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC-
COPYRIGHT PHOTOGRAPH-NOT TO
xviii
Serial No.
Despatch
From or to whom,
Date.
No., ko.