217
from the popularity of these coins, and
from
the fact that they have been
m
eupplied to the public during the last
two years than ever
in much larger quantities
before.
Whilst it need to be the
rule to shipuunk
• get out ship much of $50,000 worth
of
small coin at envertain intervals
or
sometimes of a your, eightee months or usore, we have recently had at least two shipments a your of $100,000 enah.
3.
to
This is a poist
on which I desire
speak as plainly as possible. In obterining
these coires I have had to conteud
-
against a certain unwillinguess both to
Dok
for
and to supply them
5
a fear of
isering loomany. This arides no doubt
from the Keinon objcations to flooding
any contry with
and also
a token coinage,
• from the fact
the fact that in past w
year
years these coince eundoubted
undoubtedly
were sold
by
the Government here at a preusium, although
a somewhat
was made.
4
1 futile decrial of the practice
Now as to the issue
coins, they have, for several
of these
6 years past, been issued strictly in accordance with them. regulations of which I enclose a few copies. I may recution that the requiring of applications in English is simply to avoid the unmanageable reesh
would realt
: rush of Requisition that
1 from allowing Chiunse to bring these in their own language. To overstock Hongkong with these coin is simply impossible, they
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are
drafted off into China almost as fast as they arrive here, and this not for melting (for they
are
but for circulation. The
-only to kous) large supplies