Not Wanted.
p. 38 · Read in the full issue
Depreciated Australian Coins in Fiji.
From Our Own Correspondent.
Suva, Aug. 10.
DESPITE the stringent efforts of the Customs authorities, quantities of Australian silver coins find their way into this colony, and, owing to the tendency to let them circulate at par with our English coinage, they cause serious complications in our monetary system.
Naturally, this does not suit the banks, and they have therefore taken steps to deal with the position by notice , that on and after August 1 full rates of exchange will be charged on all Australian silver tendered to them.
To strictly enforce this will cause a difficult currency position, more especi ally as the Fiji Government has fol lowed it up by publishing a notice in the Gazette to the effect that Aus tralian coins will not be accepted at Government offices.