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282
BB, LIVINGSTON & Co.
MIGNAL FOOCHOW A HONGKONG.
ཡིས་དང་་ཡིན་ད
TRUTH ADDRESS:
CBS.
Hongkong,
P. O. BOX 55,
20 March
595 536
4903.
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my views on the desirabition of establishing a currency besis in this colony.
this diffients to express an opinion about sucha sutjew, as the consequenc tried alisent ditointy be influenced more by the alteration is world coure in trading relations betimes the colormo chine Thanky anything that might haffen within its room borders.
As regards purely tord interests, it may posently be that or gold standard, or a currency based on gold might be advantageons, int it has not yet been Shown har Bush a Change conia boot be effected, nor at what was it could not fail to be codiderate- nor how the last could best be sect. Mutik is astern that the prosperity of the arborry involving also it word interests, depends largely on it's trade with Olima, er it showed be clearly shown that that prosperity win unot be affected by any change in the present monitam Rupp torn, beforth is taken into serians consideration
this Mahid that reach of the business transacted here finds itself ultimate of aspists in term offores, ishich may in great sensore te corred in that ex change forms are unportant elespect in transactions under existing conditions, to it requires the proud that the trade of the estorm woust not be prejudicis by the elimination of this factor, by the adoption of a fixed currency, as there is the possibition that the desire to gain the advantage the greater mobility in prices ressecting from exchange in cor existing conditions lead to the hansfer fa deaf breings to Canton and the Mainland.
there is also the question of how the purely Olinser tram carried on by clime th have sommes the affected by any chang
in our prancid lyphem.
Lam not aware that any enquiry hoabun made about the probable effect