passed between the leolonial Department and the Treasury relative to the issue of one dollar notes by the Hongkong and Shanghai Banking Corporation, and giving

instructions relative to the

restriction of any further issue beyond the amount already

in circulation.

2. In accordance with these instructions I have caused it to be notified to the Corporation are not at liberty to

that they

more notes of one

of the present

issue any dollar in excess of.

circulation of $226.000.

مجھ

In respect to the enquiry

674

made by Your Lordship relative= to the classes of the population

amongst whom the one dollar,

note is circulated, and the result of the experiment as far as it has

I can do gone. no better than enclose a copy of the report made by Her Majesty's Consul at Canton in.

a

which he maintains with. Į much truth that the issue of. these dollar notes supplied. want which had previously. been much felt and has been a boon to the publie in China and a still greater benefit to - trade that their withdrawal

T

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