244 ROYAL SOCIETY OF CANADA 



of such wei'g-ht and value as to leave no remuneration to the Bank after 

 paying the expensies of importation into the Province. 



As the People of the Country are accustomed to assign to any copper 

 coin the value of a halfpenny only, I would suggest that in order to prevent 

 oonfusiion, no token of greater value tham a halfpenny shouûd be coined. 

 EnclOised is a Copy of the Report of Council. ^ 



I ihave the honour to be, My Lord, 



Tour most obedient servant, 



GOSFORD. 



The Right Honorable Lord Glenelg, etc., etc., etc. 



No. 7. 

 Page 111. 



To Uis Excellency The Earl of Gosford, Captain-General and Governor-in- 



Vhief of the Province of Lower Canada, etc., etc., etc. 



Report of a Committee of the whole Council Present: The Honorable 



Mr, Stewart, Mr. Pembertson, Mr. Panet, iMr. Debartzch and Mr. Sheppard, 



on a Despatch from Lord Glenelg, dated 28th iSept., 1837, on the proposition 



of the Bank of Montreal for a Copper Coinage for Lower Canada. — 



Mat it please Your Excellency, 



The Committee can have no iiesitation in recommending that the applica- 

 tion of Mr. Scholefield, on behalf of the Bank of Montreal, for permission 

 tio execute an order for Copper Tokens to be circulated in Lower Canada 

 be granted. 



It is a matter of notoriety that t'he Copper Coin at present in circulation 

 is almost entirely of a base and sipurious description and that great incon- 

 venienoe consequently arises in the commion transactions of life from the 

 want of a small circulating medium. 



The Comimittee, however, would humbly recommend that the tokens to 

 be coined be of such iweight and value as to leave no remuneration to the 

 Bank save the expenses of importation into this Province. 



All Wihicli is respectfully submitted to Tour Excellency's wisdom. 

 By order, 



(Signed), J. Stewart, 



Chairman. 

 Council Chambers, 22nd Nov., 1837. 



Certified, 



George H. Rtland. 



