, 1881-04-06

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The Acting President said it was a mis-
take on the part of the last speaker when
he supposed that bills of exchange were
usually bought from private parties such
was never done unless good security be
given, orders to that effect having been
received from the Ministry. Remittances
in that way are very limited, the greater
part being effected through the Banks,
This is the DOLLY means of remittance for
all; if the Banks are not safe he did not
know what could be considered safe. He
believed, as remarked by the last speaker,
that it would be much more convenient to
the Administration to get those remittances
out of the way but that was not exactly
his view in the matter, be thought that il
with some trouble a class of citizens could
be highly accommodated without offence
or loss to anv-then the question of
trouble should be out of consideration.
He wished to make himself the spokesman
of the Officials in this respect. I.
1st Crownmember (Qu;s) said that after
the Council had heard Of the two first
modes or purposes of remittances, most
Members would no doubt agree, that those
remittauces as hitherto effected should re.
main untouched. When officials are told
that they must Insure their eventual
widows ~nartain snms, it w0nld he unjust
TO hinder them in getting transmitted to
Copenhagen the sums requisite for paying
the premiums through the Treasury. But
it seemed to him with regard to the other
two items, that there should be some pro.
visions to cover the loss arising from re-
mittauces for those purposes, and it Q GER
tain sum were put on the Budget, and the
accounts stated what had been actually
laid out, the Revisors could easily find out
if it had been overstepped. The Presi.
dents suggestion in this respect seemed to
be fair, but it would not protect against
losses for in the event of officials wanting
to remit money to Copenhagen. they
would of course do so through the Trea-
sury, if tina rates charged there were lower
than those of the Banks; but if the rates
of the Bank were lower, they would buy
bills there; hence any eventual loss one
year would not be recuperated by an M
crease the following year. He should
think ii would be best to leave all these
remittances to the Bank. But the CouH
Gil should reflect well before binding the
hands of the Administration but anyhow
the two frstnamed items should remain
unaltered.
1st Member for Christiansted tNiylGval
stated that in regard to monies required
for premiums on assurances in order to get
support for officials widows and families,
there was DO wish to place any obstacle
against payments of such premiums being
made as hitherto; indeed this and the
second item mentioned by His Honor the
President were not included in the object
of the interpolation or of the Revising
Committee. IL officials are compelled In
tie frstnamed instance to make those pro-
visions. nothing should prevent their get
ting the necessary amounts paid out
through the Treasury. But after those
premiums, he could not see any just cause
why tho Colonial Treasury should father
the expenses Of oficiase in the Mother.
country for their own individual purposes;
he could not see why the Treasury should
bear any additional expense in the casa
of officials going home for their pleasure
sake. And with special reference to The
remittances coming under the two lat
mentioned heads. It would be impeGiuG
rather an onsrous duty on the Administrar