C.O.
151
269852 130 1
25 Jul 08
June 20, 1905.
Your Highness,
With reference to Your Highness' Note of May on the subject of subsidiary coinage at Canton, in which I was informed that the Board of Finance and the Viceroy at Canton had been requested to take satisfactory measures.
I have the honour to state that I am now in receipt of a further communication from the Governor of Hongkong, in which His Excellency urges the proposition that the Chinese Government will guarantee that the minting of subsidiary coin in the Two Kuang Provinces will be suspended until the coins already issued by those Provinces are returned, and is prepared to give a reciprocal guarantee that the Hongkong Government will not issue such coin until the coins it has issued in the Colony likewise return.
It is to be understood that copper coins are included under this term subsidiary coins. The Hongkong Government is treating its copper coins in the same way as its silver coins, that is to say, it is withdrawing them from circulation and discontinuing fresh issues.
I have the honour to report that this proposal of the Governor of Hongkong may be taken into favourable consideration by Your Highness' Government at an early date.
His Highness Prince C...