112
atoɔdua to Janoose to surevor of asol Isunra oysava erit afŁifw
aad (axoots bennelmu to nottastdenomah yď naof wild nathulamt)
OAT .(800x
J
2001) ataex vexit dasi odt tot 208,481? need
berwork reed ovai bivor doldw,boltsq smea sit no mɛol 93stora
vino aaw,nottsaltanomab to baevant tumoɔath to Jasmysq #d
avijunaxa edt het dotre Jost aidð asw 31 bue :mne teg ??r,ast
.nottsaljenomb teddut cantags obłoeb of liomoŋ
of anoltoetɗo evatr
Teddie rot Itəmuroð svitusex to nolakoah are of toe?'e giriy
•JueĽntevoð add yď begaal-er of taum 31 to gboJzuo $191"Avað
Tebnar Illw Kind gatagotont vitnstanos adt (a) oaso darit sið ni
eqarfreq [Ilw hne,aacaqxe hoa v‡lvoittiḥ to tettem a gbojano adł
avari LIIw Ji (d) :adlav Istosgn to moltoindanoo edt etatisassem
Vilhnete erit (5) :3800 nalameront vitbsoda a ja betuzat ed of
no :jaarsdal on gatoubong sibt sti (ftw muta Letiqso gutasetɔni
jaerojai bɔwoymoɑ to zasmrtovol of maví a ed lliw erosið "Rac₤3#T
-et af brød Tento sit no .Xooda eis to sulav galeseto sit no
fase bloW ,dmroseth a ¿s (Iida at et sitɗfw aloodia sɗð quant-
.agentoo visibladım edð aðsttildster of tqrette edit gutnobnada
moltsemnos Ride xt beton ed oa£# Jam >I
at fluxer ylakedras IIkw akoodis daiting to fawarbd‡iw edt tædt
vidsdong blow doliv‚aloodus seentro to xultat gataservat na
atsiooniga
appreciate in value as the Hongkong Coins appreciate. Thus in
the last 8 months Chinese subcoins have appreciated from 84%
discount to 5% discount, following the rise of the Hongkong
subcoin, while always remaining somewhat lower. The effect
therefore, of the present measures especially if as Lord Elgin
anticipated a period of 50 years must be allowed for their full
affect to be realized, would be that in the meantime the sub-
-sidiary coinage of the Colony would cease to be British: and
that Chinese coins would become increasingly popular.
Having regard to this fact, it is apparent
that some measure is required which will immediately rehabili-
-tate the Hongkong subsidiary coins: and if the money now being
sunk in measures which will not produce their full effect for
50 years,
can instead be paid as interest on a scheme which will
be instantly effective, the Colony can at any rate congratulate
itself on getting its money's worth instead of throwing good
coin after bad.
I, therefore, suggest that a solution may
possibly be reached along the following lines:-
I.
Subsidiary coins were issued by this
Government from the year 1883 down to the 19th. April, 1906,
when further issue was stopped. The total face value of the
subcoin issued during this period was $46,783,727.00 and the
first