a fuddled condition, Nevertheless their
Munker Brand a restricted within them.
Navront Cuiti.
If you want information atent
Office or Individual.
"Commons
Date.
1893
12 Dec
12.
Store Mong
Straits Setts
No. 20958
(Subject.)
British Dollar,
C.O.
12
DOMESTIC.
20953
Rest AIR CFC 93
Admiralty
genti
28. Mr. Henniker Heaton, To ask the Under Secretary of State for the Colonies, whether he is aware that there has been great scarcity and inconvenience in Hong Kong and Singapore through short supplies of the Mexican dollar, which is the principal currency there:
And, whether he will comply with the wishes of the leading bankers and commercial men of the East by giving instructions for the coinage of a British dollar at the Indian or Sydney mints at the present favourable opportunity. [Friday 15th December.]
Mr. BUXTON- It is true that there was some scarcity of Mexican dollars in the month of July and during the first week of August last. This was, however, owing to exceptional causes, and there is now an ample supply. The idea of a British dollar does not appear to have found much favour in the Straits Settlements; and at Hongkong it has been abandoned. In the latter colony, it is now proposed to legalise the Japanese yen coin of equal weight with the Mexican dollar. This proposal is at present under the consideration of Lord Herschell's committee as reconstituted for the consideration of colonial currency questions. The yen, I may observe, is already legal tender in the Straits Settlements.
Shanghai
met with keen
que
as to previous Paper.
Freyn Gire
E. Carfild
GW.L. Russell Sq, M.P.
Sa
Putty.
· 18 No 1, (78) -27 427=GMA-12-05
ext subsequent Paper.
4.066 8 3856/95
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Ir Meade
Aumm
The idea
of
British Dollar does not
appear to have found much favour in the
Straits Settlements; and at Hongkong it has been
abandoned. In the latter colony, it is now proposed
to legalise the Japanese
Yen
- a coin of equal
weight and fineness with the Mexican dollar.
This proposal is at present under the consideration
of Lord Herschell's committee
as reconstituted for the consideration of colonial currency questions.