Suggested

New Hebrides Note Suggested Way to Solve Acute Trade Problem

THE currency problem in the New Hebrides has become so acute as a result of the exchange confusion (as explained in another article in this issue) that consideration might be given to the suggestion of a valued correspondent.

It is suggested that the Condominium Government should collect and hold sufficient French and English bank notes to secure an issue of special cur rency notes for the New Hebrides. At present the N.H. Government issues a postage stamp in this form:

R F 50 cent.

G R 5d

This provides for the requirements of both French and British interests.

It is suggested that a currency note might be issued in the same fashion, having on one side a face value of 124 francs, and on the other £1. If the administration’s powers allow this to be done, and it is done quickly, an enormous amount of trouble and con fusion will be removed from New Heb rides trading.