CO129-071 - Public Offices - 1858 — Page 55

Law

et Cont

to readjust the rates at which the

dollars should be received in

payment

of duties, and should be paid for salacies, with reference to its real

relative value

to stealing money at the time of the change

When Sir John Bauring refers to his proposal for establishing

allint at

Hongkong

at

ac.

or.

of the cast of silure at

My

Hongkong.

Lords incline to think that

the actual cast

cast of

Mexican dollars

of purchasing and transmutting

them to China would afford the

.

best text in this matter. It is not

probable that

coin

at

α

cure

for

all the anomalies which at present

Lords must obserne, in

crist, My

addition to other reasons which they

have givenr

of that to theug

to have

"ainst the adoption.

aganst

measure, that he appears greatly underrated the

"Tat which

cast

a dollar could be coined.

He states that

a dollar could.

a

new Alint could

less east than

ane

which has been long established.

Now, the dollars which have been

this Board for trans=

purchased

by

- mussion to Hongkong, have

Loue

aunce

occasions.

as much

BLI

east on

6// the

in London. The last dollars

transmetted

cast

60%

and when

the freight, interest, and other

charges

are

added to this price, the

certainly

be coined at a

cast of

about 1/3 to 4/4, but there is nothing. advanced to shew that this Estimate

has been founded.

any

calculation.

of the expense of establishing a Mint

value of the dollar

at

022

its arrival.

Hongkong, would be at the rate of about 4/6 each coin.

Sue Copies.

H