in the
Consignments in
year, & prefers
for quarterly amounts. Depe
I submit draft to Treasury
asking
that this might be reconsidered.
5.W.9.14/4
the reply to this Letter the followin
Eumber should be quoted.
TREASURY CHAMBERS,
5172
90
3446
Sir,
2 April 1890.
2659
19.30
I am directed by the Lords Commissioners of Her
Majesty's Treasury to request that you will inform Lord
Knutsford that They have been in communication with the
Deputy Master of the Mint on the subject of Mr Meade's
letter of the 27th February last relating to the subsidiary
coinage of Hong Kong.
The Deputy Master reports that so far as the exigen-cies of the Imperial coinage permit, the $1,000,000 worth
of these coins annually required, can be coined at the
Royal Mint but that much inconvenience would be saved
if, instead of five consignments per annum, quarterly
shipments of $250,000 each, to arrive in Hong Kong on the
first day of April, July, October and January, could be
substituted. It would also be necessary (as explained in a
Mint letter to the Crown Agents for the Colonies of 7th
August 1888) that the silver required for these coinages
should be supplied at any dates which the Mint may fix, as
that Department may be obliged to take up or set aside the
coinage for Hong Kong according as the demand for other
coin becomes more or less pressing
My Lords will be glad to learn that these proposals
meet with the approval of the Secretary of State.
X X X X
xx
"(50) Frank Mowatt
For recnainan of this letter ace
rual
6724 2/50
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7