to legalise the

You

is that

142

on which

colony, point the opinion of the Governor has not yet apparently been obtained, and, secondly, in what way the Japanese Government would propose

to give effect to their

work

one

offer

to undertake the

of coining the "Yen" at the charge of

per cent. On this point, I would observe that this charge would appear to be the ordinary charge for the coinage of yen. So far as the Annual Reports of the Japanese Mint show, the last Coinage Regulations

on

were issued

the 26th May 1883, and contain a provision

that the "cost of coining

silver

Yen shall

be 10 per mil" (or 1 per cent), and,

if

these

Regulations

are

still in

force, the offer of

the

Japanese Government would imply no special concession in favour of Hong Kong. I may further

remark

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