CO129-270 - Public Offices & Others - 1895 — Page 52

47

Although not directly bearing on the

subject

für

under discussion

for the information of

I would wish,

This Lordship to put

and Bar

on record the result of my enquiries regarding

the comparative duties

appears to be

dollars

Silver exported from Mexico. M. Jackson

to be under the impression that the deamers of the Mexican dollar is caused

by

the

ag

con

seigniorage

of 4%%%%

against

Now I on Bar Silver export duty

of 2%. have been at some pains to obtain inform.. nation in this matter all of which points to the conclusion that recent legislation in Mexico has been in the direction of placing the coined dollar and uncoined

regards seignorage which is about 4/2%, and the export

Silver as

duties

I have

or

the other, both a

the

me

the

• festing.

seen actual invoices of Silver from

Mexico which bear out that view.

The

truth seems to be, and I have consulted

many authorities,

the subject, that the

the Mexican Dollar is

recent searcity of

due to the great fall in the price of Silver which discouraged imports and stimulated

that payments exports of produce, so

have been