been made without suceces to introduce
into circulation other Coins: and
f
inasunek
as every transaction of
the
Colom
in effest a tramcastion
with China, which must
be
finally settled in chopped dollars, it was crident upon a prima facie view of the question that chopped dollars were best suited. on a circulating medium in Hongtons. "This view has been verified by subsequent
experience.
Π
II Tornate extent is the sumy
what
003
1
at present employed circulating medium adapted to the peculiarities of the Eriong?
The
Mong cuployed was terling money represented in circulation by the bold and Silver
Indian
205
Coins of the British and berian tunts, Spanish, Mexican and South Amcrier Iollars of full weight and undefaced
The foreign coins thus introśneed were made to represent the following amounts of Sterling mones, viz:-
The Gold Mokur
The Ruper The Dollar
29/2
1/10.
4/2.
The practice of the Treasury and
contracts
Commissariat has hitherto bien to consider cach of the above named coins a legal tender without limitation of the amount, not only for env exprend in Sterling song, but for Contracts expressed in an
of the other description. The only exceptions being copper Money and British and Indian Silver Coins of the denominations of sixpence and half a Rupee and under.
LY
Page 210Page 211
No comments yet.
Private notes are available after approval.