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#
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さま
it may be named in the Ordinance. The profession of a Banker
may for the purpose of the Ordinance be included as one exist-
-ing for the purpose of putting money into circulation. Money-
-changers may also be so included with perhaps a proviso allow-
-ing the latter to hold sufficient stocks to furnish Chinese
coins to any bona fide returning emigrant who has a certificate
from the Registrar-General, but probably such business would be
better relegated to Canton and Chinese Ports. Chinese Subsidiary
Coin received in transit for Chinese Forts, in sealed cases
•
can be placed (like Liquor in transit) in a bonded warehouse,
and would not be prohibited. This would give the Chinese Bankers
the opportunity they are said to desire of imforming the Mint
that as the possession of such stocks would render them liable
to have the whole lot confiscated they could not undertake to
receice them. This would strike a very effective blow at the
importation of Chinese Coin in bulk, and would so discriminate
against it that it would become discredited by the Chinese. It
sould not be objected to by the Canton Authorities in view of
our urgent representations, and the fact they allege in reply
that the coin is issued because it is really required in Kwang-
-tung. It would be all the more clear that it was an act of
purely legitimate self-defence if we could show that our own
coinage was circulating at or near par, while Chinese coina
were at a large discount. At present the Chinese can retort
that