CONFIDENTIAL.
Hongkong.
2, Ceferino
My Lord,
Lev 38917 C O 43902 RECE R. 28 NOV OF
Government House, Hongkong, 27th October, 1906.
In continuation of my Confidential Despatch of the 20th September on the subject of discount on British and Chinese Subsidiary Coins, I have the honour to enclose for Your Lordship's information a copy of a letter dated the 23rd instant which I have received from His Britannic Majesty's Consul-General, Canton, from which it appears that subsidiary coins at the rate of $5,000 per diem against a rate of Taels 1,500 or $2,000 per diem reported by Mr. Mansfield on the 12th September, are at the present time being minted at Canton.
2. The discount on Chinese subsidiary coin is now 7½% and on Hongkong subsidiary coin 6.
3. I agree with Mr. Mansfield that further representations to the Chinese Authorities had better...
The Right Honourable The Earl of Elgin, K.G., &c., &c.