A
has been supplied from England by Move." Frank Heaton & Co., is meant primarily
for the supply of a
when in u
working
sepply two million cash per diem:
cash Coina.
Coinage, and
order will be able to
C
are to be.
to be of a
some what
ervaller.
size
The cash
than the old copper cash
of China and resemble closely the brass
cash used in the gambling hello for
Fantan, not
only in appeara
ucer
but
made of 60 part
composition, being
440 park zine,
copper and
described to me
is
emperintending
by the foreigner who
the institution, they
are to be made of a material closely
resembling sheathing metal.
position and
sses are
already in
six more are
Forty pussses forty expected from Hongkong in a few days; but the rolling mill is not f yet set up, and although the works are being pushed. -forward, it is doubtful whether the Superintendents hope that they wil lee
7
43
be
at work in four or five.
in four or five months, will
realized.
It has not, I umverstand, been
determined so far, at what rate they
will be issued ; but as the troops will be
paid in them and they will be received in payment of taxes they will probably be forced speedily into circulation and as they certainly
on the
are an
-improvement the Coinage at present in general us they will
use,
are
1 probably meet acceptance. The plant for silver comage is not so extensive but is sufficient to coin 100,000 pieces per diem, and the projected coins, dies for which have been supplied. dollars representing & mace 3 cands, weight "Herping silver, half dollars representing 3 mare 6 candareens and 5 cash and 20 and 10 cent pieces; but I understand that permission for the issue has not yet been received and they appear to be. quite at sea in
a in regard to the composition
of the coin, and if the dollar is to contain
K