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As we have before said, so short a time has elapsed since the opening of the mint, that there is no argument for or against it, which might not have been adduced at that time, and we conceive that it would have been better that a single Dollar had never been struck than that we should condemn matters which time alone can decide.
(Signed) M. I. Mercer (Signed) Jar Whittall. (Signed) James Long
b.e.G.
Hongkong 23rd November 1866.
We would also observe that a change has lately taken place in the coinage of the Mexican Dollar, this and possible future changes, together with the influence which the opening of a new line of Steamers between Panama, St Francisco, Japan and Hongkong early in the ensuing year, may have on the money market in China, are
(True Copy)
Colonial Secretary