Public Servants who would be paid in these coins.
confined to the
The issue also, even
the
payment of
Imperial Services would add to the
circulating currency of
if
China and
lessen to some extent the demand for Mexican Dollars, and in other respects
too it would be an
advantage to this Colony
it would serve to familiarize
the Chinese gradually with the British
Dollar, and
prepare
the
way for its
universal adoption upon the opening
of
our new Mint.
These views are
I believe shared by
those here most competent to form
a correct opinion on
the
subject,
and
I trust therefore the proposal may
receive the favourable consideration of Her Majesty's Government.
Page 416
In such a case
A decision would
have to be come to at once at home
with regard to the weight, purity and device of
the new dollar;
and having carefully considered these points since my return to China, and consulted Bankers, members of the Chamber of Commerce, and others, upon them, I
beg
to submit the
following recommendations.
The weight of the new dollar
should be fully equal to the
average
weight of a new Mexican Dollar -