141

to

for

some

Years the paper-money

come, exclusively to native management. It is further to be observed that which had for some time circulated at a greatly depreciated value has been withdrawn from circulation, which would appear to show that the finances of the country

have generally been placed on a sounder footing.

I am therefore able to say that the apprehensions expressed in my Report of 1881 as to the future management of the Mint have not been realised, nor would there seem to be any objection to the circulation of the Japanese coin in Hong Kong on the ground that it may in future be coined in insufficient quantities.

There remains, however, the question how far it would on general grounds be desirable to...

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