CO129-089 - Public Offices - 1862 — Page 346

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to be the measure of Value in Houghing. _ They apprehend that when the Governor Istongthing lecommended that the Wads of the existing Proclamation byt "the Boller of Charis. Mexico, ot " the South American States." thould be employed, he was not aware that by the last Must Law of thein "the silver Dollar of that Country

has been depreciated below the Value

the Mexican Dollar, and that

the Currency f

that Country is_ practically, based on fold pieces. of equivalent Value to the Gold Cons of the buited States, representing five Dollars ._ The Object which his

It Robensin has in View will, as

My

Lords conceive. be met by

introduction of

the Wards

the

or other

" Silver Collars of equivalent, Value ="

to the Mexican Collad,

Lam fureter that My

Ammanded to Plate. Lords Concur in the

st

Recommendation of Sir St Robinson regarding the silver and Copper Cins to be issued

Subsidiary Comage

as a

to the Dollar, and their Lordships have firein directing to the Master of the Muit accordingly ;.

Lam directed to observe, hoverer that as a period of transition from

onc

Lystem of Currency to the other suust necparily arse, Mytords have provided that British Liber and Copher comes thall contural to circulate at their present lato relatively to the Collad, until othemin. ordered, _ This provision will obvente any

inconvenience which might Otherwise arise during the introduction

to