3 enable them to provide foreign muchants
with native coin in exchange for breign,
in amounts commensurate to the wants in
of Commerce. The Japanese kovemment
are
guing this proposal their attention,
and I need not add that if it should be faithfully and effectively canied out, * the circulation of foreign
country would become unnecesary and
undesirable.
coin in this
As the papanese Government is at
tresent constituted, it would
• probably be
beyond their hover to compel their people
fto circulate foreign coin
and even
n if they
Be the attempt, they
cause
any
themselves,
$
ampong were disposed to make
would be unable to
particular coin to become
a
لة
legal tender among foreigners. They
therefore naturally be une
to
D
36
would
unwilling to endeavour.
give currency to any foreign money
would not
not pro
themselves.
St
pass
current
which
among foreigners
appears to me, therefore, that the
Japanese Government
can
do
no more in
respect to the Hongtong dollar than furnish to foreigners and fapanese the force of their example by receiving it
in
•payment of duties, and if the foreigners will use it
among themselves, and be as willing to receive it from, as
to pay it to, the
reason
why
eventually
be
Japanese,
I see no
this dollar should not
aub
readily accepted by
the latter as the Mexican. It should