are
required for the currency of the Colony alone. The issue of such
an
amount of Dollars is calculated
to give
two
years occupation for the Mint, and this issue appears to be under the control of the Colonial Government.
any
itself,
It is difficult to
Corne
to
conclusion as to the probable demand for the Hong Kong Dollar beyond the limits of the Colony on the conflicting evidence offered. But the large circulation of the Mexican Dollar in China for many years past, usually at a sensible premium, affords Strong presumption in favor of the ultimate spread of the new
Accompanied with its subsidiary
a
new Dollar.
Comis the Dollar is now
to the Chinese in
a mol
presented useful
form
86
form then hitherts, and more fully represents the advantages, comparatively new to them, of money circulating by tale insteed of weight. The diffusion of the small coins must be a great object, and it is to be observed that they
answer
equally well with the Mexican as with
the Hong Kong Dollar. I would offer
an
opinion
as to the circulation of the Hong Kong Dollar with diffidence, but it
appears that
a model cu
once established in
Currency
in Hong Kong
should admit of being extended, to the Treaty Ports and
gradually
into China. At the same time the
circulation might require to be pushed at first with a bonus offered to the Shroffs and Mandarins, and
with