272 ROYAL SOCIETY OF CANADA 



Ncx 56. 



Copy of a report of a Committee of the Honourable the Privy Council, 

 Approved toy His Excellency the Governor-General-in-Council, on the 

 30th August, 1S70. 



On a meanorandum dated 26th August instant from the Hon. the Minis.teir 

 of Finance reporting tha.t great public inconvenience has been experienced 

 for some time back owing to the state of the Copper Coinage. That while 

 bronze cents and the Copper Coins of the United Kingdoim are alone a legal 

 tender, the princi^pal copper currency consists of Bank Tokens of the Bank 

 of Montreal, Bank of Upper Canada, Quebec Bank and Banque du Peuple, 

 all of which are of good quality and all authorized by law. That these co.ns 

 are only current at the rate of a halfpenny currency, while postage and 

 other stamips are in cents. That it is essentially necessary to establish a 

 unàform copper currency, and after mucQi consideration ihe is of opinion that 

 if the Government would instruct its Departments to receive the bank tokens 

 at one and two cents respectively, the public would do so likewise, and by 

 this means a great deal of inconvenience would be removed. He therefore 

 recommends that the necessary instructions be given. 



The Committee advise that instructions be given accordingly. 



(Certitfied), 



J. S. Coté, 



Clerk P. C. 



