CO537-(33-34) — Page 72

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PUBLIC RECORD.OFFICE

Reference :--

། ། ། ། ། wwimumC.O.587

33

PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH-NOT TO

Colonial funds to this

country for investiment at the present time

has been objected to by

other Colonial Governments

An the prod

because of the so-called

"Coss by exchange". It may

be will

Therefore to point

out to you that the

only loss which can

take place upon the

transaction apart of

course from

A

fall in

the value of ther

securities purchased,

would be in thee.

went

of

necessary

#

Imelikel

it becoming

to remit

The funds again to the

Colony, at trine

when the value of

And silver compared

with that of gold might be higher than

it is at present.

the

Shouto

gota price giler

of

not rise, the

nominal "toss" in

p

عهـ

[to this county

remitting would