CO129-079 - Public Offices - 1860 — Page 322

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

the Currency of Hong Kong, and although they wrote again to your department in October last, they have not since thought it desirable to call further attention of the subject, because they did

not think it expedient to adopt any new regulation regarding the currency during the process of the war, which might have the effect of disturbing the arrangements for the payment of the troops, at a time when, from their movements in the field, new complications may arise, the monetary principles of which are uncertain

and anomalous, which might be more difficult to adjust, if the Government Accounts were on a Colonial basis of currency.

320

My Lords are, however, fully sensible of

the great inconvenience and loss to Government which arises from the present mixed currency system

at Hong Kong, and they repeat that the question was not considered by the Secretary of State for the Colonies, as requested by this Board, before the commencement of the War.

I am, Lord,

Your obedient servant

VADE

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the Currency of Hong Kong, and although they wrote again to your department in October last, they have not since thought it desirable to call further attention of the subject, because they did not think it expedient to adopt any new regulation regarding the currency during the process of the war, which might have the effect of disturbing the arrangements for the payment of the troops, at a time when, from their movements in the field, new complications may arise, the monetary principles of which are uncertain and anomalous, which might be more difficult to adjust, if the Government Accounts were on a Colonial basis of currency. 320 My Lords are, however, fully sensible of the great inconvenience and loss to Government which arises from the present mixed currency system at Hong Kong, and they repeat that the question was not considered by the Secretary of State for the Colonies, as requested by this Board, before the commencement of the War. I am, Lord, Your obedient servant My VADE

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the Currency of Hong Kong, and although they wrote again to your department in October last, they have not since thought it desirable & cale further attention of the subfiel, because they did в hot thank it sepedient to adopt any new repulation Il garding the cervorming during the propées of Wittlich hil right have the effect of disturbing the Ansupements for the payment of the troops, ab a Counting. time when from their monements in a the monetary principles of which are uncertain And anomalous, new complications may anse which might he more difficult to adjust, if the ment Accounts were Colonial basis of Goremment de allied. 320 by Lords are, however fully sex sible of the feat inconvenience and loss to 4 to Jonemmest which arices from the present more taup system at Hong Hong, and Key repet that the question was not considered by the decutary of State for the Colonies, as requested by this Board, before the Commencement of the War. Jam, Lor. Your thedient servant fer Attention My VADE

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the Currency of Hong Kong, and although they wrote again to your department in October last, they have not since thought it desirable & cale further attention of the subfiel, because they did

hot thank it sepedient to adopt any new repulation Il garding the cervorming during the propées of Wittlich hil right have the effect of disturbing the Ansupements for the payment of the troops, ab a Counting.

time when from their monements in a

the

monetary principles of which are uncertain

And anomalous, new complications may anse

which might he more difficult to adjust, if the

ment Accounts were

Colonial basis of Goremment de

allied.

320

by Lords are, however fully sex sible of

the feat inconvenience and loss to

4 to Jonemmest which arices from the present more taup system

at Hong Hong, and Key repet that the question was not considered by the decutary of State for the Colonies, as requested by this Board, before the Commencement of the War.

Jam, Lor.

Your thedient servant fer Attention

VADE

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