KONG
4391
54
Rece
C.O.
4391
19 6 FEB 13
boy
1913
Jan
Last previous Paper.
Rehabilitation of Subsidiary boinage.
Recommends adoption of scheme submitted in Co letter of 13 Jan 1912 to treasury with modifications suggested in inclosed memo by Acting bot. Rec! Dubindo Krafe bill to perhibit cxrculation of Horlige subsidiary coins: ases for approval by telegra
84551
Treas cans the set.
Ausd & Kel 13 They Treas Wreals
2021 may/ /15558
тогда
(68,151). Wr.20,897-58
41.000. 11/12 A.QE.W.
Next subsequent Paper.
4392
r G. Fiddes
We now have urged upon us the prohibition of
the importation and circulation of Chinese silver and
Mckel coins from the 1st of Jan. next, unless an earlier
ate proves necessary. The prohibition is in itself a
ighly desirable thing. We were told by Sir M. Nathan
that it was impracticable, but his view is now contro-
Kerted, and as the Govt. the Chamber of Commerce and leading
Chinese are all in favour of prohibition, I think we can
Consent to the step. The recent Tramway Boycott affords
strong argument for prohibition, both for currency pur-
oses and for political reasons.
The modified scheme for a Govt. note issue will not,
am afraid, do. Mr. Thomson's memorandum contains a good
deal of misapprehension and confusion of thought. It is
I