the
Effect of disturbing arrangements for paying
the Troops at a time when, from their movement
in a country, principles of uncertain new complications
to the monetary system may arise, which might
be difficult to adjust if the Colonial basis of
Government Accounts were altered.
We are fully admitted the necessity however
for alteration.
It appears desirable (1) that Government
accounts should eventually be kept in dollars
& cents, and not in Sovereigns & shillings; (2) that
Silver alone, and not gold & silver concurrently,
should be the legal tender in Hongkong.
It has been proposed that the bonds of the Currency
proclamation be withdrawn and that the values of
coins shall be...
2
the
Effect of desturbing arrangements for paying
the Froops at
time
a
when from their movere
in a
country,
principles of
Uncertain
new complica bons
the
which
monetary
anomalous
say
are
arise.
which might
he
difficult
b
adjust if
the Colonial basis of
Government Accounts
ailered
We re
The necessity homer
for alteration.
admilled
is
fully
It appears
9
322
desirable (1)
that Sovernment
accounts
should
he
Eventually kept in dollars
& cent
a
not in Sovereigns
shillings (2) that
Silver alone
gold
and not.
gold & silver
concurrently should be
the legal
Kongkong
tender
at
you purcein that
Mudu thise crées.
it has bem proposed
47 the bonds of the Jucuny
existing that the Jacent proclamal
We penis the values of coffe f coris al for thdrawn and
Keng shall be
K
ན་
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