vers seem to be alicoot, a
xiêu necessity in China, in fact-
I hear
f
Bau Reis sendi
these even to Singapore in lage. qu
autities
2nd Sathing the question of The coinage of the Hong Kong dollar 1. be definitureby seated, as unpracticable, the question hinges on the desirability be establishing the Hong Kouf Mint or antlid in that peads
the British dominious, to y
make our colonies of Hory Rory
& the Straits settlements encore
independent
ཀ
leg
It has out of foreign currency.
bee
Remarked that
foreign coinage auswers all uirements, but there appears to be a very general feeling in that part of the East, that something
must be dove to place the entice Curreu question on a better badin thane exists at present, and it would of course be desirath that this should be brought about under British auspicia, and it is urged that British sufficiently in
- Portant
interests are en
412
00
important to give England reasonable right to coin her what t oww money and decide for herself what money she will accept & what
move the closing of the ellint reject
of Houg Mory is generally ensidered 4. have blew an error in judgment I presume how ever the elbring
-the Mint, only suspended! the powers granted in 1863,
and there could be resumed at
any lue
live, providing the Colony is prepared to find the trecessary flinds for the purpose.
Should it be eventically de
re-establish the Mint
cided to
it should not be on do small a scale as has been elsewhere suggested, fics, because a Mil u.quires
a certaine professional staff of high class officials, and
there a very small establishment could not support. Secondly. because a Ment must be off
sufficient capacity to meet sudden decuands for coinage without too much delay suitable Mint;
So treat á a
to arranged that it could be enlarged from time to time without difficulty, would require about £50.000 say Fifty Thousand pounds, for thedohingy
appliances