The cholera and rinderpest had greatly reduced government revenues and many plans for much needed public works had to be modified or abandoned, while the condition of the currency added to the general chaos. There was no gold standard and the fluctuations in the value of silver made it necessary for the Governor to issue a proclamation about once a week fixing a new rate of exchange. In this way it was calculated that the government, with insufficient income at the best, lost a round million dollars gold during a period of ten months.

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