Rei
ketoria, Honghong, # January 1845.
Governor
to
Lord Stanley,
Fc F
1 Inclosure
Desp: No: 3
in Executive Council, ordering
Transmitting Copy of Minute
the payment of Salaries of
Spanish Dollars and
Civil Servants in Colony in
Reasons
thereof.
This thr
" of course, he sent to the hamsung for the dumpions
ཙན་གི་ཚེ་
24
Copy of Minute in Council I Samary Mrs.
1845.
The
Governor dines the attention of the
of Executive Council to a Despatch which he had received from Mr Consul, Macgregor at Canton, and already enclosed to Lord Aberdeen with his own observations, shewing the hardship of paying the Salaries
of Public Servants at Canton in Mexican Dollars, which, although equal or superior to Spanish Dollars in intrinsic value and bearing a premium at the Northern Ports, are at a discount in the South of China.
Considering that the Civil Servants here are now paid at the rate of "1½", which is above the intrinsic value
of
Spanish and Mexican dollars as broadly represented to H.M. Government, and
that