Cope
TREASURY
10096
Z copie
Not Enclosure 3.
REC?
C. O.
9156
Red 27 MAY 95)
217
The Chief Manager, Stong Kong and Shanghai Bank to Col. Secretary.
lir,
..
Hong Kong and Shanghi Banking Corporation, Songhong, 22th April, 1875-
I am of opinion that the
introduction of the British dollar will afford
opportunity of
effecting
currency reform long.
needed here, viz:- doing away.
REC_I_ JUL 95) with.
chopped dollars.
Mexicans are now and recently have been considerably their intrinsic value / after allowing
over
for a reasonable seigniorage) 20 think
with the British dollar oblacinable
any quantity at a seigniorage
charge