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I therefore submit the present recommendation of the
Chamber to Your Lordship's favourable consideration.
I have the honour to be;
My Lord Marquess, Your Lordship's Most Obedient
Humble Servant, William Robinson
Enclosure 4.
Rec'd Per 6 MAR 94,
Chairman, Chamber of Commerce to Governor of Hong Kong.
Sir,
Hong Kong General Chamber of Commerce,
Hong Kong 24th January 1894.
I beg Your Excellency's reference to the letter
which I had the honour to address you on the 18th of July
1890.
In that letter I invited attention to the Report
of a General Meeting of this Chamber just then held to con-
sider the Local Currency question, and at which an unanimous
resolution was adopted that the Government should be re-
commended to make the Japanese Yen legal tender in the Co-
lony. It will also be within Your Excellency's recollection
that at the Same Meeting a special Committee was appointed
to consider the desirability of coining a British Dollar
equal in weight and fineness to the Mexican Dollar, for
circulation in Hong Kong concurrently with the dollars which
are now legal tender.
Since July there have been considerable changes
in the aspect of the monetary situation which caused the
Committee to alter the views then expressed in regard to
the Japanese Yen. Prominent among these is the possibility
of Japan adopting the Gold standard, and there are other
modifying circumstances which I need not particularize, but