small

imports of this coin latterly, and the apparent want of demand for it,

تو ہے

extension of a coined circulating merlium would appear not to be

required by the Chinese people . - For these reasons, on.

behalf of this Bank Sam unable to see how I can recommend the Directors to take any shave in the proposal inade for the Banks to undertake the working of the Mint-

Shaw Vo (Signed) W. Kaye.

True Capy

fie (Jatt.

Manager.

Acting Colonial Secretary.

Mr Delbancs to acting Colonial Seerling

Copy)

Comptoir D'Escompte

de Paris

"Hong Kong Agency.

382

Hong Kong, 10th March, 138.

The Honorable Recits C. Smith.

Acting Colonial Secretaring Dear Sir,

Thave deferred answering

your four of the instant till to day, in order to be able to ascertain the views of my colleagues on the matter at issue, -

Wi

e are all agreed that the proposal of this Excellency the Governor to work the Mint for account of the Banks with officials who would be.

solely

under the control of the

Government, is not feasible._

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