126
„aulo) visihindi? grltonqans rechts Tons””
not paived benoqoną nosď svart þentsɗba vreli
.THE OT
agantoo-du? ynodynol ada to moisattiländer ort? (s) Joeldo vierit
Salotto mort anio) vialbladım saseni to muiženie lie aựt (d) bes
mand qnideeq vllanen ovar I amerið of
Ynofob arts må mold-
tuskang writ és ora aral? det bevoiInd sya I sau oed beacggo
noed avač doživ‚każdo i gniderego zrodost Introwog Tusa omit
ni (sarged when oft ni dmeaong ton eden yas de to) Jnenda
ted fielidstno od tad Ingroo of grtbust La
Tail to duguno and LoTJnOo od bas ,alasd wrotim s no yoNSTIUG
nottsen:éo etanični vor aid to welv ni Jært ovetieď J .atak
binow Jient:(0 07 arsad vnofed alitz dołdiw ebard to enettam ni
vna tqoha of "malo? mirit stow ateeretni seofit of Latnamitzaḥ að
noowded øgnerloxe sert adj ajano elə tryim doiriw noltos to gawoo
Jos olfrath yns dadd onia arolled I .gnoxqnuoli bus antro Að 10%
dokriw mottoli e "euso rila noktoittaex to mol÷idtrong to
‚nal¿lusITTIb Lasietíog evioral bus anoidsfer hoog drutakh hlươw
-Braid Svaf I .anoitalen İstorachos ni noišatlader vidiazoq bus
Jaom erit Jait beroblanoa Mona¿Quien eroe dilw itzvoda et01-
ents) ml aðmazqofevoh flaws of saw,euzung of sauroo eidselvbe
ath
,JnaruTTevoð erol and dywostið ddod frotto were gaten eft:*w
His Majesty's Minister at Peking and Consul-General at Canton to
bring pressure to bear to hasten reform, especially in regard to
the limitation of the output of the Mints.At the same time I
have adhered to the policy approved by the Secretary of State
which had already been inaugurated before my arrival, of with-
-drawing from circulation, and demonetising such amount of
Subsidiary Coins each year as were received by Government an
legal tender in the payment of taxes to.
In the first place I will very briefly
recapitulate the principal schemes which have been advocated,
and my reason for having hesitated to adopt each of them, pre-
-mising that in this Memorandum I am dealing with Silver Sub-
-sidary Coins only and not with Copper or Notes.
I.
Prohibition of the circulation of Chinese
Subsidiary Coins in Hongkong.
(a).
It is stated by high authorities that this
Chinese Subsidiary Coin does not in any way affect the trade
between Hongkong and China which is conducted in notes, and
Bills of Exchange &c. 1 and that the companies in Hongkong who
receive Chinese Subsidiary Coins in large quantities have the
remedy in their own hands, either by refusing to receive them
4
(as not being legal-tender) or by putting up their prices and
fares, and that as a matter of fact some (probably the majority)
have