102
of the Enclosure of the 30 November 1876 from the
Office of
The Treasury
on
which
the instructions given
to the Crown Agents to take ample time in the execution
of
the order for Subsidiary Coin, that the issue of such instructions was asked for by this Government
in consequence of the advice
given by the Crown Agent to the
effect
that
in order to secure success it would be necessary to watch the bullion market and to purchase only when the price of silver was favorable.
At the time when the order referred to was given, there was every appearance of a falling off in the late importation of Silver Coin, and, therefore, as the then supply was sufficient for many months, it was considered judicious to give full discretion to the Crown Agent to take ample time in the execution of the order.
On all future occasions the same latitude must be given to those Gentlemen, but as the Military and Naval Authorities can, as does the Colonial Paymaster, lay in their stores on the arrival of each
102
of the Encloure of the 30 Umember 1876 from the
Ofuam euto
The Treasury
on
which
the instructions given
to the Crown Agents to take - ample time in the exécution
of
the order for Subsidiary Con, that the issue of such instructions was acked for by this Govenment
a quence of the advice
in conse
by the Crown Agent to the
that
in order to secure?
given
the Colay from lose it would bo necessary to watch the bullion in market and to purchase only when the price of silver favorable.
wa›
At the time when the
order referred to was
there
was
guien,
every appearance
heory aching, life on the lat importation of Silua Caus, and, therefore, as the then auffily of judicianly for many
ANWs
gevens
used
marthe
Avas
eufficient
full discretion to the Cram Agent.
to take ample time in the execution of the order.
Pame
On all
interests
futures
occasions the latitude mist in the
the Colony be
to those Gemtener, but as the Military and Naval Autoritie can, as does the Colonial Paraming
lay
in
on the anival of each
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