Samy
To any further communication on this subject, please quote
No.
and address
15833.
The Under-Secretary of State,
Foreign Office,
London.
17597
Rec'd 18 MAY 06
FOREIGN OFFICE
May 17
1906.
325
Sir:-
On the receipt of your letter 12359 of the 17th ultimo, regarding the circulation of the British dollar in China, a copy of the despatch of March 8th from the Governor of Hongkong inclosed in that letter, was forwarded to the Treasury.
I am directed by Secretary Sir Edward Grey to transmit to you herewith, to be laid before the Secretary of State for the Colonies, a copy of the answer from that Department.
It will be seen that the Treasury recommend a renewal of the agreement for the coinage of British dollars by India at a Two per cent seigniorage which they consider to be a reasonable charge on the part of the Bombay Mint.
I am to suggest that the view taken by the Under Secretary of State,
Colonial Office.
Treasury