From a British Mint would have that reliable and firmament character which the currency of Shanghae needs. So much needs. It is not necessary for Your Excellency's information that we should here state the considerations which convince us that the introduction of a new coin by means of a Mint at Hongkong is the only effective remedy for the embarrassments under which trade at this port now languishes. But hopes to have our views weighed by those who alone can provide this remedy, but who may...

274 Letter regarding Currency & proposed mint.

Hong Kong currency questions have heretofore been left almost to the Treasury & I myself have had little acquaintance with their developments. I have latterly, however, been struck by the necessity of extending experience & interrupting in connexion with the power in Council of October last, estituating circumstances, & other points having reference to the Ceylon and Mauritius questions.

The result as far as I have...

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