CO129-058 - Sir Bowring - 1856 [8-10] — Page 298

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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TPIEL IM W

296

in a short time be brought to it unless required for exportation.

The opening of the Calcutta Mint, to the Coinage of dollars must therefore be perpetual (unless a Mint were established in China) to be of any service, and real if the bullion brought to it on account of the Hongtong Government were not kept for any length of time waiting an opportunity to be coined the result could only be financial embarrassment and heavy loss.

There would be no difficulty if the Mint had time for the work in performing it satisfactorily; but it would require the provision of some new apparatus, which could be supplied only from Europe. One serious and I think fatal objection however, to the Coinage of dollars in the present mint under any circumstances is the difference amounting to 1¼ Dwt in the pound between their standard and that of the Indian silver Coins.

This would render it necessary to clear out all the Indian Standard silver from some of the departments, if not all,

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TPIEL IM W 296 in a short time be brought to it unless required for exportation. The opening of the Calcutta Mint, to the Coinage of dollars must therefore be perpetual (unless a Mint were established in China) to be of any service, and real if the bullion brought to it on account of the Hongtong Government were not kept for any length of time waiting an opportunity to be coined the result could only be financial embarrassment and heavy loss. There would be no difficulty if the Mint had time for the work in performing it satisfactorily; but it would require the provision of some new apparatus, which could be supplied only from Europe. One serious and I think fatal objection however, to the Coinage of dollars in the present mint under any circumstances is the difference amounting to 1¼ Dwt in the pound between their standard and that of the Indian silver Coins. This would render it necessary to clear out all the Indian Standard silver from some of the departments, if not all,
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- TPIEL IM W 296 in a short time be brought to it unless required for exportation. opening of the Calcutta The Mint, to the Coinage of dollars must therefore be perpetual- (unless a Mint were established in China) to be of any service, and real if the bullion at to it on account of brought to the Hougtong Government were time waiting an Kept for any opportunity to be coined the result could only be financial embarrassment and heavy loss. th There would be мо difficulty if the Mint had time for the work in work in performing it satisfactorily ; but it would require the provision of some Mewa apparaties, which could supplied only from Europe One Serious and I think fatal objection however, to the Coinage of dollars in the present mint under any circumstances is the difference amounting to 11 Drots in the pound ud between their standard and that of the Indian silver Coins. This would render it necessary to clear out all the Indian Standard silver from · from some of the departments, if not all,
2026-05-18 05:21:57 · Baseline
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- TPIEL IM W

296

in a short time be brought to it unless required for exportation.

opening of the Calcutta

The

Mint, to the Coinage of dollars must therefore be perpetual-

(unless a Mint were established

in China) to be of any

service, and

real

if the bullion

at to it on account of

brought to

the Hougtong Government were

time waiting an Kept for any opportunity to be coined the

result could only be financial

embarrassment and

heavy

loss.

th

There would be

мо

difficulty if the Mint had

time for the work in

work in performing

it satisfactorily ; but it would require the provision of some

Mewa

apparaties, which could supplied only from Europe One Serious and I think fatal objection however, to the Coinage

of dollars in the present mint

under

any

circumstances is

the difference amounting to 11 Drots in the pound

ud between

their standard and that of the Indian silver Coins.

This would render it necessary

to clear out all the Indian

Standard silver from

· from some of

the departments, if

not all,

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