teel Kart T
130
Government, by undertaking that the manufacture and issue of
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ot vi bevaat ntoo wrathieuire to apoja sil
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•
TANSSON
CAR EJROMIBYOD owd
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MARINAYOO
subsidiary coins by the Provincial Authorities will be dis-
-continued until their coinage reaches par, that thereafter the
manufacture and issue will be limited to actual requirements of
the currency and to such quantities as will prevent the coins
from falling again to a discount; and that at the same time the
influx of the subsidiary coins of other Provinces of China into
the Two Kwang will be prevented.
5.
In making these proposals to the Viceroy I
shall be glad if you will assure His Excellency that this
Government has no ulterior object in view and does not seek any
special advantage in the matter I propose only a reciprocal
benefit by a reciprocal pledge. His Excellency in conversation
with myself (when I visited him recently) more than took occasi-
-on to assert with much emphasis his entire conviction that the
trade of Hongkong and of the Provinces he governs is most close-
-ly allied; that "what is good for the one must be good for the
other", and that their interests are identical. I would ask you
to recall these opinions to his mind, and to assure him that
these proposals are put forward in the interests of that corrion
trade and of the hundreds of thousands of persons
European and
Chinese
- who are engaged in it.
6.
I am forwarding a copy of this letter to
His