CO129-153 - Lieut Governor Whitfield - 1871 [11-12] — Page 215

attached to

C.S.0.N: 3395.

Hany Honny, 2b. Binam bor. 1874. Received 27. December, 1871.

the

Assistant Controller

re

X. K. Clcove Esq.,

to

Governor Sir Richard Graves MarcDonnelly

K. C M E 6. 13.

Subsidiary Coins for Her Majesty's Forces.

Mem: as to the necessity

of -

Donnells

Enclosure Nos in Governor Sir Richard Graves Mar Bonett Despatch N. 914 of 27:

December, 1874.

th

Memo

(Copy)

1600/72

213

by the Auditor General

The subsidiary coins imported

in 1864 and 1865,

gane

a handsome

profit of £5 per cent in consequen

- of the high rate of exchange then 120 + 0 % ruling (14/0.7/4), and of the payment

5-54 ant of Signarage of the prem

bullion, ( 1 per cent) cost of manufmature

to the Mint (3/1⁄2 five cent) and. Freight and Insurance (3 fur cent) -

With the present rate of

exchange (14/41) which Sum cxdvised

is

likely to reside than advance and the scarsity and dearness of

Button

could not now

anticipate

EX.