3 Silver Dollars were made.
the only legal
Fonder in
HongKons
by the Order in Council of
9th January 1863. and by
Ordinance ut 1 of 1864 it was
enacted that whenever British Sterling was specified in any Ordinance (which would include
the Civil List Ordinance, under
گر
which the salaries of more of the public Officers are finch) payment shall be made in - dollars at the rate of 4/2 latte Boller; thince that cate
Sterling money has ceased to
be specified in
any
Estimates
or appropriation Ordinances 4. I imagine that the faubler. Officers, who received their present appointments in the service prior to the change of
Currency
709
are inconsiderable
in hamber, and that thing
have
the whole derived
aderen lage from the four of
exchange which was
than
no other officer
settled, and
can have
Any
dain
to receive
anything but a certain amonal-
5:
ofthe present currency.
Itumes be impropilte fra I could not therefore to think of entertaining the Lufgestion, made in the
9th paragraph of your despatch to pay salaries - sexchange"
the current rate.
which would occasion feat
inconvenience in adjusting
bean
the annual budget, or how to rate the dollar at 4/1
which would doin poly has cholition. of percentage both presentere ofthe establishments