CO129-039 - Sir Bonham - 1852 [1-12] — Page 199

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

these dollars had been raind

their

for use; but it should be borne in miná that during the state of things to which the Civil Officers refer, they have been furnished at 4/2 with Dollar or its equivalent worth on the narage about 4/6 in exchange for the best Bills on England; and I cannot helf thinking that this rate

of exchange must have had a beneficial effect not only dircetly in the case

those who wished to make remittances home; but indirectly according to financial rules in the influence which it naturally has

local markets.

upon

indeed

To little prospect, is there of gain to the Government, but rather "the nevere, by the negotiation of bills, that I should feel myself justified Pranding by

foreveury Bills

meaus

at par the whole of the grant for

194

civil

services; and thus for relinquish all

the chances

the

mones

market to

those who might wish to take the

place of the Government in this recreet.

of then the fremsing view of

I conect and there is a

the

care

priime

the part of

A the Civil

Officers

to

m

establich a case of grievance otherwise

than of a negative

n me imaginau

character, the "prorored alteration of the

present monetar laws

F

the Solong

need cences be discured further than to low that it would be immure to conduct the Militarı and Naval expenditure according to Her Majertyp regulations if those laws were made to recognize nothing

a legal tender but Maniel dollars which, beins all

n

ديات

more or less light and imperfect have to be computed cutirely by weight.

DEX

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