CO129-039 - Sir Bonham - 1852 [1-12] — Page 192

9.

discount on the most depreciated kind & coin in which they may legally

of

be hand. In the same manner — shopkeepers expecting to be paid in this depreciated coin, which they Love afterwards to cechange for Chamish dollars, increase their

is

charges accordingly; so that the price of the necessaries of life inevitably roused. This is sensibly ough felt when for the officially reclared equivalent to one hundred dollars paid into the Bank. ostain a receipt for only ninity-two dollars; it is equally true, if not equally sensitt, that we lose the Lime proportional amount m all ther transactions.

we

any

8. We would not enter into further discussion on the monetary

we

187

A

eyetem of the Colony thou is necessary to'ishlain our cau; and we hope that have now said iufficient to shew Mainly the grievance under which we labor _ It is quite clear that Jovernment Proclamation cannot make ninety two cents, one hundred uts; and if the Coin given as the equivalent of a dollar will Amchace

Gwelfth less of the necessaries of life than the money in real

which it represents, the

1

currency result is the same as

if our salaries

had been nominally as well own actually reduced by one twelfth_

how come

4. We

to the remedy which we would respectfully propoce-

10. We suggest that on dalaries should be paid in what is really