160
I have the honour to request that you will lay before His Excellency the Governor the subject under consideration, and to express the full concurrence of this Chamber with the tenour of the dispatch in question.
It is unnecessary to recapitulate the arguments forcibly set forth by its writers as to the advantages of having such a coin produced under the guarantee of Her Britannic Majesty's Government, the inconveniences arising from the occasional interruptions of supplies from Mexico, and the unfitness of relying upon any foreign country to furnish the current coin of British Colonies.
The opportunity which would be afforded of introducing into China generally a standard British dollar, and the possible eventual re-establishment of the Hongkong Mint, are additional arguments in favour of the project. And the Committee would only add to the considerations most fully discussed in the despatch under notice its suggestion that Her Majesty's Government be urged to bestow immediate and careful attention on the subject.
I have therefore the honour to request that you will lay this communication before His Excellency the Governor, with a view to his informing the Secretary of State for the Colonies of the opinion of this Chamber.