CO129-220 - Governor Sir Bowen - 1885 [1-3] — Page 18

for the

year (alread

taken for payments between this Agents & on behalf of the Colonies and Public depto fe in England)

OLO

being a fair average in the long run of successive market rates. { In fact it is based for any year on the average of the market rate during the preceding year the

It might be emoenient to adopt this

Al

C.

معمم

do not. where we sh

Tregonez

rate in all allow a fixed really

instead of wahasibly take the market rate; but private individere los quight possibly object that the Treasury crate was an arbitrary rate, not understood by them, whereas the market rate is something at least mustardans intelligible? It is time that the Treasury rate is usually slightly above the market rate, but on a particular day it might be below.

для подел

adopt the Treany Rate for mile

Jaquests and 7613

Seer-

The treasury note will not be objected to Coupas silver continues to fall, which withe Can at present

Adofthe Irrote

Am 22/2

Ind 13//85.

-X noted

Mamo, be

ford WV 5.

C. 0.

2223

REGS 10 FEB 25,

16

Government House,

Hong Kos 19, 3. January,

ng,

1885.

•My Ford,

Despatch N = 235

5 of the 15th October last, -

In reply to Your Lordships

I have the honour to report that I

54

am advised by

the

Attorney

Gueral.

that Mr. A. Fleming's claim to draw

The Right

Honourable

The Earl of Derby, Nr.

ta

Frie