CO129-039 - Sir Bonham - 1852 [1-12] — Page 194

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as its payments are made so would t revenue be received; nouwould its mode ofrendering accounts be seriously- interfered with, inasmuch as these recounts might still be rendered to the Home Trenewry in Sterling money,

and the various kinds of Coinsrec ived, be still specified therein. As to the Commissariat chest / from which is

iravor the amount of the Parliamentary brant to meet the excees of ixhinditine over Revenue) it's goins would be diminished, but it is indent that whatever the Commissariat Officer at present puts oloron as gain, is, to the payees of Government cxactly the same amount of loss; and Her Masistip Government cannot be willing to derive profit at the expense of its servants-

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13. Such a measure would be greatly

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facilitated by the issue of Treasury - notes payable on demand, sore being taken that an amount of dollars be keht in the Treasury equal to the value represented by the notes in circulation - Payments of sums under five dollars could be easily made either in the Copper Cash of China, a

assume

m the smaller British and Indian coins, which would this

the nature of tokens, and being used in omall transactions, would be unaffected by the comparative inferiority of the metal they contain.

Signed) M. Caine,

Colonial Secretary- Paul Sterling,

Attorney General.

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