CO129-380 - Governor Sir Lugard - 1911 [9-10] — Page 349

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I ask your authority therefore to delay the passing and publication of the draft Rules forwarded with this Despatch until experience has shown whether or no notes continue to com- -mand a premium over coin after the Mercantile Bank has com- -menced issuing notes.

Li

I have the honour to be, sir.

Your most obedient,

humble servant,

Sugar

Governor, &c..

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