Charles Douglass Smith, Lieutenant Governor, authorises "holey dollars" and "dumps", Prince Edward Island, 24 September 1813

By His Excellency
Charles Douglass Smith, Esq.
Lieutenant Governor and Commander in Chief in and over His Majesty's Island Prince Edward, and the Territories thereunto adjacent, Chancellor and Vice Admiral of the same, &c. &c. &c.
A PROCLAMATION
WHEREAS the want of sufficient circulating Medium of this Colony appears to be a serious inconvenience to the Inhabitants thereof. And in order in some measure to alleviate the same by inducing an influx of the current coin of the realm from other quarters. I have thought fit by and with the advice of his Majesty's Council to order and declare that all British coins shall be received at the Public Treasury and pass current within the Island at their Sterling value as hereunder stated, viz.
                                          Sterling                    Currency
Guinea                             £1 1s. 0d to pass for £1 3s. 4d.
Half Guinea                        10s. 6d       do           11s. 8d.
Bank of England Dollar        5s. 6d       do             6s. 0d.
Bank of England Token        3s. 0d       do             3s. 4d,
Bank of England Token        1s. 6d       do             1s. 8d.
All Spanish milled Dollars (Pillar and others) to pass for 5s. currency, agreeable to the Act of the General Assembly.

It is also ordered that Spanish Dollars. Limited to the amount of One Thousand, shall be cut at the Treasury, by having a circular piece taken out of the centre of each - the Dollars so cut, are to be issued from and received at the Treasury at the rate of Five Shillings Currency each, and the piece so taken out to be issued from and received at the Treasury at one shilling currency each.

And as a further and more effectual remedy for such inconvenience it is in contemplation of this Government to recommend to his Majesty's Ministers at home the adoption of a Silver and Copper Coinage to a certain amount for this Island the same to consist of

Silver Pieces     ( of Four Shillings Currency each
                        ( and of Two Shillings Currency each

                        ( Pence
Copper Pieces ( Halfpence
                        ( Farthings

Given under my Hand and Seal at Arms. at Charlotte-Town, this Twenty-Fourth day of September, one thousand eight hundred and thirteen, and in the Fifty-Third Year of his Majesty's Reign
Charles D Smith
By his Excellency’s Command, THOMAS DESBRISAY, Secretary.
God Save the King