pay two per cent for re-coining then present Dollars which, will not bear corresponding premium in the
this
market to cover
expense, when re-coined into British Dollars which latter they anticipate difficulty, at first in inducing the Chinese, even here and in South China, to believe equivalent to the Mexican Dollar unless an equal touch be guaranteed; while, to present the
Coin being (value of the
eyes of the Chinese
diminished in the
by the design being hereafter changed
it would be better were the new
Dollar to bear a fixed device
It is true the new Decimal
Coinage, now in circulation bears
a premium
among the Chinese, but
it does not follow the same success
When
once
244
however, the British
Dollar is known and accepted throughout
China, the success of the Mint in Hong-Kong would appear to be
undoubted but to
ensure
this it
is a question, whether, the expenses of the
the Mint should not be met for a longer period than two months by other sources than those to be derived from its operations. –
shall make it my duty to obtain all the information in
my
power
on
this subject before leaving
the view
with the
China in April next
on my arrival in
England at their Lordships disposal
I have &c.
(Signed) Henry Robinson
A.C.Gr
may
attend the Dollar at
first.
When
Extract.