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ONFIDENTIAL.
Hongkong.
My Lord,
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Goverment House,
Hongkong, 13th. July, 1906.
In accordance with the suggestion contained
in the final paragraph of the Foreign Office letter of the
17th. May, 1906, enclosed in Your Lordship's Confidential
despatch of the 23rd. of that month, I communicated to Mr.
H. Hunter who is at present acting as Chief Manager of the
Hongkong and Shanghai Banking Corporation the recommenda➡
tion of the Treasury for a renewal of the agreement for the
coinage of British dollars by India at a Two per cent.
seigniorage which they considered to be a reasonable charge
on the part of the Bombay Mint.
2.
I have now the honour to enclose a copy of
a letter from Mr. Hunter from which it will be seen that
the Indian Mints hold out no prospect of being able to coin
British dollars during the current year.
3.
It would seem as if the Mexican Trade Dollar,
should the Mexican Government act on their proposal to
THE RIGHT HONOURABLE
THE EARL OF ELGIN, K.G.
800.
&C.
&C.
issue
R
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