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recently laid down that all payments in sterling. (except
some small items
of a
a trivial character with regard to which it is not worth while disturbing the system which has hitherts prevailed) from the Colonial Government to the War - Department, and vice versâ, should be calculated in dollars at the market_
072
the
day
rate obtaining of payment, may not be
"departed...
departed from.
3.
Your Lordship showat
by such conclusive reasoning in your despatch W: 138 of
the 18th of July 1890 that the -principle of payment at the market rate of exchange is the only sound one, that
it
t appears needless for me to add anything to Your Lordship's remarks in defence of that principle, which it is now - (I cannot but think, inadvertently-)
proposed
1
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