CO129-143 - Sir MacDonnell - 1870 [1-2] — Page 325

16.

in the slightest degree

transactions

in their mutual

it's conditions, but

by withless be appears to have suggested subsequently that certain Silver and Copper coins proposed to be issued should be made ligal tenders

Ao

regards the former they are at a premium, the chinese bucking. them readily notwithstanding that the nominal value is in excess of intrinsic by 15 per cent, but som

in respect coffier we have $45,000 without

to the

any

the

immediate prospect of realization save at as great sucrifice.

which

It is true the cent pieces, of

have

$28,000, may ultimately, ewing to the stoppage

become available, as

323

تیک

of all issue it has to par from a despression of 30 per cent ;- but in respect to the Bronze

it will probubly.

probably have to be sold

it has gradually crept up

cash it will.

for its intrinsic value as there is

not at present the most tremote

prospect of it's being of use at its

nominal value.

GL

Martina Bestin

Coolonial Dorotary.

Colonial Whoretary's Office, Hengtong, 52 Holenary, 1870.

February,