the main views of the commission
the
firios
2
the advisability of extending the trial of the Mint, especially if the Imperial Government consent to relieve the Colony of a portion, if not
the whole, of the expenses attending the keeping up of the establishment
and I would suggest the reduction of the
seignorage
to one
per cent (1%) until the local circulation
is supplied with two or three millions
of dollars of the
new currency.
In closing
these few remarks
I should not omit to thank
your
Excellency in the name of my Colleagues and myself for your courteous consideration in placing
within
267
our reach the information contained in the Report adverted to
and calling forth
our remarks and
suggestions as representing the Banking
interest.
I remain,
(Signed) N. Kresser.
the main views of the commision
the
firios
2
the advisability of extending of trial of the Mint, especially if the Imperial Government consent to Irelieve the Colony of a portion, if not
the whole, of the expenses attending the keeping up of the retablishment_
and I would suggest the reduction of the
scignorage
to ond
for cent
(11%) until the local circulation
is supplied with two or three millions
of dollars of the
In closing
new currency.
these few remarks
I should not omit to thank
your
Excellency in the name of my Colleagues and mmself for your coustion consideration in placing
within
267
our reach the information contained in the Report adverted to
and calling forth
our remarks and
suggestions as representing the Banking
interest.
Iremain, He,
(Signed) N. Kresser._
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