CO129-381 - Governor Sir Lugard - 1911 [11-12] — Page 24

progress of the scheme

deyni &

success with

with which The

attenolect

and

it

2

has been

R

U

Gov

1911

Sir F. Lugard Sec.

Date.

Sia Noe.

Last previous Taper.

2407

Hong Slong

41096 S

Subsidiary Coinage.

Ric

C

41096

Rise 23 !

21

12

Coke Treas: cons 13,

ed 22

2/

13 May '12

(33,413). W1.28,032-50. 40,000. 11,10. A.&E.W.

men

(1)

fury,

Sir G. Fiddes

nderson

on

(The

Imper

в

Jesint

I now send on for conson. a draft to

the lines of the scheme outlined in attached

Ew 130

eply to Sir G. Fiddes's two queries

See no reason why the Banks should not sell subsidiary

s at a discount, since they can only put them

int croulation at a discount and can do nothing else

htnem except melt them down, which they won't do ).

However, we can give the Banks a small commission, and I

have provided for this.

2. As Chinese in the Malay Peninsula have accepted Govt. one Next subsequent Paper

W.

2007/0