CO129-302 - Public Offices - 1900 — Page 133

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involved in the transaction of the business, it seems diffi-

cult to believe that any Bank will incur expenses out of

pocket and the cost of clerical labour, out of pure philan-

thropy. There is very little doubt but that these expenses,

if they do not appear as an actual commission charge, will

be allowed for in the price of the silver or otherwise,

The business of supplying this coinage is carried

to

.)

on by us at an actual loss, and we have every reason

advocate any change which would relieve us of it b but we

cannot recommend the proposed arrangements as likely to

result in either economy or greater expedition.

I have the honour to be,

Sir,

Your Obedient Servant,

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