16078
3
No. 6.
THE SECRETARY OF STATE to THE GOVERNOR.
(Sent 1.30 p.m., 15 May, 1909.)
TELEGRAM.
[Answered by No. 7.]
Your telegram of 1st May.* Is price net? See my despatch of 18 September, confidential: your telegram of 26 October.t
16584
No. 7.
14717
GENTLEMEN,
No. 4.
COLONIAL OFFICE to CROWN AGENTS.
[Answered by No. 5.]
Downing Street, 10 May, 1909. WITH reference to the letter from this Department of the 3rd of December Last, I am directed by the Earl of Crewe to transmit to you the accompanying copy of a telegram; from the Officer Administering the Government of the Straits Settle- ments with regard to the sale of the old Strait Settlements dollars.
2. His Lordship approves your acting in accordance with the request contained in this telegram.
16078
No. 5.
I am, &c.,
H. BERTRAM COX.
THE GOVERNOR to THE SECRETARY OF STATE. (Received 11.5 a.m., 17th May, 1909.) TELEGRAM.
Your telegram of 15th May‡ Prices include expenses.-ANDERSON.
16584
GENTLEMEN,
No. 8.
COLONIAL OFFICE to CROWN AGENTS.
Downing Street, 18 May, 1909.
I AM directed by the Earl of Crewe to acknowledge the receipt of your letter of the 12th of May, and to inform you that his Lordship has ascertained from the Governor of the Straits Settlements that the minimum price of 254d. per ounce at which you have been requested to sell old Straits Settlements dollars includes the expenses of bringing home and disposing of the coins.
I am, &c.,
H. BERTRAM COX.
SIR,
CROWN AGENTS to COLONIAL OFFICE.
(Received 13 May, 1909.)
[Answered by No. 8.]
Whitehall Gardens, London, S.W., 12th May, 1909.
Straits Settlements.
I HAVE the honour to acknowledge the receipt of your letter, No. 14717/1909 of the 10th of May,§ transmitting a copy of a telegram from the Government of the Straits Settlements requesting that we may be instructed to sell old Straits Settle- ments dollars up to 13 millions at our discretion but at a minimum price of twenty- five and three-eighths pence (25ğd.) per ounce of standard silver.
2.
In view of the terms of the Secretary of State's despatch to the Governor of the 18th of September, 1908|| (a copy of which was sent to us in your letter, No. 39142/1908 of the 31st of October, 1908), we presume that the price quoted by the Government is the gross price at which they are prepared to sell the dollars, i.e., as suggested in paragraph 4 of our letter to you of the 1st of September, 1908,** a price fixed to include expenses.
3. We shall be glad to receive the Secretary of State's ruling on this point. 4. We are informed by our brokers that the selling price to-day of silver is 24 3/16 pence per ounce for present and forward delivery, i.e., for delivery in about two months.
No. 281 in Eastern No. 108.
* No. 2.
No. 271 in Eastern No. 108.
I have, &c.,
P. EZECHIEL,
(for Crown Agents).
† L.F. transmitting copy of No. 274 in Eastern No. 108. No, 269 in Eastern No. 108. { No. 4.
No. 268 in Eastern No. 108.
I
18213
No. 9.
THE ACTING GOVERNOR to THE SECRETARY OF STATE. (Received 29 May, 1909.) (Confidential.)
MY LORD,
Government House, Singapore, 6th May, 1909. WITH reference to my telegram of the 1st May,* informing your Lordship that the number of old dollars available for sale is now estimated at not more than $13,000,000, and requesting that the Crown Agents may be instructed to sell the same or some portion thereof at a minimum price of 254d. per oz., I have the honour to report that the four months' extra time granted by Government to enable the collections to come in from outlying places, such as the Siamese Malay States, Sarawak, North Borneo, and the various Dutch ports, expired on the 30th April.
2. All the old dollars collected in the Federated Malay States are now in the Singapore and Penang Treasuries, and the bulk of the collections from the other countries mentioned has already been sent to the Colony. Some more shipments of dollars may be expected from North Borneo and Sarawak, but these are not likely to exceed $100,000. Individual traders are still bringing in old dollars in sums up to $5,000 from Kelantan, Trengganu, and the Dutch ports, and it has been decided, in order to prevent hardship, to give new dollars in exchange for them at the discre- tion of the Treasurer. There is also a fairly large accumulation of the old dollars, collected from pilgrims, at Aden. This may possibly amount to $40,000 or $50,000. It does not seem likely, however, that the old dollars still to come in are likely to exceed $200,000, or at the outside, $300,000.
• No. 2.
21005
↑ Nos. 269 and 270 in Eastern No. 108.
No. 6.
§ No. 5.
A
PUBLIC RECORD OFFICE
Reference :--
mmimmim TTIC.O. 882
6
PUBLIC RECORD OFFICE, LONDON
ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH-NOT TO
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