130
The Colonial Govt ought not to have
Any great difficulty with these coins; on the
one hand they should be
very careful that there should be no over issue, so as to avoid
their losing their nominal value; on the other they should endeavour to keep the supply just up to the demand, so as to prevent the creation of premium arising, in distributing them the wants of the public department should naturally be the 1st consideration & the Control Officer, was here to touch the
requirements of the military branch departing should be treated as any other public department - part in fact of the Queen's Government - not immediately under the orders of the Governor
I cannot think that many
of the civil departments can have many small payments to make, except perhaps the Surveyor General for labour, &c. putting the coins into circulation
among
the soldiers
as any
other
labourers is as good a way of doing it - Mr. Twistleton appears to have led
you
to think that the Treasury Officer made demands for an inordinate supply; I cannot
state
is metal under
made for sufficient for the purpose
Conceive what object he can have
20.
the
had in doing so;
possible amount of
his balances is limited under Treasury
instructions, he would obviously wish to keep them in what was most convenient to him, unless he wanted them
to pay
away all $20 Cent,
(18.5d + 10d) would obviously not be so
convenient as dollars.
I am
as actual
inclined to think that this is another instance in which there has been a little needless exasperation between the Imperial & Colonial Officials.
I think it would be well to get from the Govt a report of the various supplies which have been sent out the last few years, shewing how long it has taken to get each £10,000 into circulation, & through what channels they have been disposed of & ask the Treasury Officer what are his monthly requirements, and that of other departments, hoping explicit instructions, that they are not to be issued at a premium.
We might hasten the circulation of the
t
130
The Colmich Gost ought not to have
Any gest difficulty with these count; on the
me hand they should be
very careful that there should be no over iome, so as to avoid
their losing their nominal value; on the other they should endeavour to keep the supply just up to the demand, is as to prevent the preation of premion arising, in distuluting them the wants of the public department should naturally be the 1th consideration & the Control officer, was her to tuschelythe
requirements of the military traval departing should be treated as any other public department- part in fact of the Queen's Garramni- the not immediately under the ordersoftie Governer
I cannot think that may
of the civil departments can have many Small payments to make, except perhaps the larveyor General for labour, 4th. putting the coins into circulation
thung
the soldies
as any
other
Flailors is as good a way of doing es - M-twith appears to haveled
you
to think that the Treasury officer made demands for an inordinate supply; I cannot
stat
is metalunde
made f sufficient the purpor
Conceive what object he can have
20. the
had in doing 20;
poss amount of
his balances in limited under Freuung
Treasury
instructions, the would obviously with to keeps them in what was most conve _nicht to hime, funless he wanted them
to pay
away all 10820 Cent,
(18.5t +10t) wouldobrionly not be to
convenient as dollars.
7 Dan
as atual
inclined to think that this is another wistance in which there has been a little needless exasperation between the Imperial & Colonial Officials.
Ithink it would be well tofel- fun the Gor? à repert of the various supplies which have been sent out the last few years, chewing how long it has taken to get each £10,000 wit airculation, & through what tfenciesting have been disposed of & brach the hearing Officer what an heimonthly requirements, twhat that of other departments, Hopine explicit victinction, that they are not to be immed at a premium.
We might hasten the crescuture of the
No comments yet.
Private notes are available after approval.