& 1% for a time, deserves the consideration of the Government because when the Rupee rate touches 222 to which we are closely approaching, we might expect Tear Silver to be sent to the Mint, and 1th Seignoragen would at least pay part of the current expenses.-
Yours, Xe,
(Signed) W. Kaye-
Manager Comptoir d'Escompte de Paris. S. Kaires, Manager Hong Kong and Shanghai Bank. N. Kaeper..
(Com)
272
Hong Kong, 8th December, 1888.
My dear Mr Kreper,
His Excellency Sir W. K. Marshall having expressed to you in a certain manner his desire to ascertain the confidential opinion of the Bankers with regard to the prospect of the Mint, I think that you have done right not to call a meeting of your Colleagues and that the way you have adopted to inform us individually is quite correct.
For my part I have no hesitation in laying open my ideas on the subject. I shall not enter into the details of