46 EGBERT WALLACE MoLACHLAN ON THE 



I now inclose you Sir James Kempt's exchange on John Kirkland, London, at "0 days for four hundred and 

 twenty-five pounds sterling, and not being able to procure any other public bill even at the enormous premium of 

 15 per cent , I have sent you by Mr John Fraser, of Miramichi, seventy-five doubloons to dispose of on the best 

 terms you can obtain and apply the proceeds with the bill of exchange first to extinguish the balance of your 

 account for the copper tokens already received and the residue towards payment of those ordered by the Adelphi, 

 which I trust you may be able to ship on no higher terms than the last ; but, if the price should be a halfpenny 

 higher, they must be sent. 



Upon consideration of the terms under which I am obliged to remit money, and especially if the price should 

 exc6?d the last importation, you will please to direct the contractor to execute the penny tokens of eleven penny- 

 weight only, and the halfpenny ones to be five and one-half pennyweight only. This I hope can be done without 

 making a new die for the latter, the co.st of which I am ignorant of. Here let me observe, that it would be 

 desirable to know the cost of the dies, as well as the price of the copper, and the charge of minting or manufac- 

 ture of the tokens, for our future government. 



You will please to add to my order by the Adelphi one ton more of halfpenny tokens, as we find the quantity 

 received quite inadequate to our wants. 



The Legislature in its last session having authorized the procuring of silver as well as copper tokens, but 

 opinions proving so various as to the kind and quality that the subject was suffered to lay over until the necessity 

 of having them has now become so great that something must be done. It is finally left to me to make a small 

 importation as a sample to be approved of; I have therefore sent by Mr. Fraser one hundred Spanish milled 

 dollars out of each of which to have five tokens made with the King's head and the year upon one side and on the 

 other side Province of Nova Scotia round the margin, and fifteen penny token in the centre, and send them in a parcel 

 by themselves by the earliest conveyance that you can meet with, that if approved of an immediate order may be 

 transmitted for a necessary quantity. 



I remain, Gentlemen, 



Your obedient servant, 



Mich. Wallace. 



J. 



1st per packet from Falmouth. 



2nd per Herald for Boston. Liverpool, 7th February, 1824. 



The Honourable Michael Wallace, 

 Dear Sir, 



We wrote you on the 5th inst., by the packet in case she may be detained we shall send this to Fal- 

 mouth that you may receive the earliest intelligence of our having received your esteemed favours of the 10th 

 and 15th January and that your order for halfpenny and silver tokens shall have our immediate attention. We 

 cannot now get the weight of the penny pieces altered but we shall take care that it does not exceed 12 penny- 

 weight. The price, however, will be considerably less than the last parcel cost. Mr. Fraser has not yet had an 

 opportunity of getting the dollars and doubloons delivered to us. We have forwarded the bill for £425 to London. 



We are, dear sir, 



Your most obedient servants, 



Smith, Forsyth & Co. 



K. 



Liverpool, liith February, 1824. 



Michael Wallace, 

 Dear Sir, 



We are very sorry to inform you without a special order in council it is illegal to attempt to execute 

 your order for silver tokens, the expense of which being considerable where so small a quantity was required. 

 We was hesitating about making the application when we was informed that .several similar requests have of late 

 been promptly refused, that the only chance of success was an application from the Province to the King in 

 Council. Under these circumstances we shall suspend our proceedings lest there miglit be any impediments 

 thrown in our way respecting the copper tokens which are now in the hands of the manufacturer who promises 

 to have them here by the 25 March. They will cost considerably less than the former parcel. We have sold (il 

 of the doubloons at GSs (id each and 14 being republican at G3s. We shall keep the Spanish dollars until we have 

 your answer to this letter. We have endeavored to ascertain what the expense of coining the silver tokens 

 would have been but we have not yet obtained the information. 



