, 1876-08-05

oy, and as the nature of 1t may be f~oreseen
likely to give rise to discussion, he would take
the vote of the Council whether it should be
furthered in this meeting, after His Exoellency
had declared his readiness to enter on 1t.
The Interpolation reads as follows;
Would His Excellenoy give the Colonial
Council such information as he may possess
concerning the present state of affairs in this
Island 10 relation to American Silver Coin
The Council consented unanimously to its
being furthered, and it came on later In the
Meeting,
After a respite Of is minutes the Council
proceeded to:
4. Election of a Burgher for each town to
cit in the Commissions to superintend the
enrolment of men for the Brandcorps -
agreeably to the Presidents Letter OF 18th
June a. G.
The result of the voting was, shat .
votes were handed in, and elected we're
for Christiansted j. O. FR0RUP.
I" Frederiksted V. JUNGHANB.
5. Interpolation from 2nd Member for Ere.
dsriksted (Faber) to His Excellenoy the
Vicegovernor concerning the circulation
OF American Silver Coin Interpolation
aboYe.)
2nd Member for Ffederiksted, (Fa6ey) bad
Principally been induced to brlae this inter.
pellatlon before the Council on account OF q
Notice from the Government dated 12th Inst,
but published 10 the " Avis'' for the 18th inst.
ltseems that that Notice has created o deal Of
sensation among people 1t had struck him and
others that the time allowed by that Notice
Is rather short in a matter OF suoh impor-
tanoe az that Of excluding American Sill
YER entirely from circulation In the Island.
1t is namely made known on the 18th inst,
that from and after the Goth lust, American
silver coin will not be received In the public
Treasures. Already some time ago some stir
had been made con corning American Coin.
The Council and His ExoelIenoy are aware
that In this part of the Island American coin
has for som time to a certain extent not been
received at full value, but in the Western
part of the Island American silver has up to
date passed for Its full value. He is afraid
that after the Governments Notice this will no
longer o%ontinuej there will be q change also
in Westend quarter, which will exercise its
influence on q great number Of planters and
others there those who have hitherto received
American money at full value will, under
pr6text of the Governments Notice, no longer
w HO' oub II especially tn6 IaDOQFef6 IN tho
Island should altogether refuse taking Ameri.
can silver, or not take it at its full value, ara
we prepared to meet the consequences i-Have
we got Danish silver sufficient to meet the
demands and requirements Tie had heard
different opinions on this point, and there are
q great many who think we have not got sufi-
client. Anyhow, fears are entertained that
this Notice and the very short time allowed
will cause Inconvenience, and it will be exceed
ingly difficult, perhaps impossible for many
estate~proprietors in WestendQuarters to OBJ
tain other coin when the labourers refuse Anne
rloan sllver.-Then again, we are aware that
many persons among the rural l~abouring classes
have their little savings mostly put aside In
American silver, which they prefer, as being
in their opinion the best and most valuable
coin those persons can have had no informA-
ton OF the notice in question they have of
course heard of the stir, but rs long as the
money was received, they did not much care
but now they can neither pay their horse boat.
or c~art-tax, nor buy their supplies with Ameri-
can money. It appeared not quite fair to expose
such poor, ignorant people to q serious loss OF
this kind and when the Government has for
years allowed the Island to be OVERLOADED with
American silver, it is not right now all at once
to refuse receiving it and thereby also put a
stop to it's circulation between man and man.
We have lately had the misfortune with the
Savings Bank stopping business the country
EOIKa hnun n hA~~ /