CO129-080 - Sir Robinson - 1861 [1-3] — Page 278

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is supposed to be regulated by the Queen's Proclamation of 1844 in huma but this Proclamation for the

and Phelanation.

Wändern 29* Ford/44. Published in Hong Kong

preasons which I will explain, has it they

from the date of its publication

been

a dead letter

من

regards all

mercantile Bansactions, and it

Whas now

for

erne

years

been

fequally inoperative as regards the Kansactions of the local formmané.

3.

The Proclamation

arrarently founded on hat golk either

was

was

the supposition

n

might

be made the standards of value in Houghtons. Acting on this ascumption it sought to assimilate

sh

See p. 179 Mr. Pennington's

the currency of

of

the place to that

ther British Colonies, and make provision for the concurrent legal circulation of sertain foreign Coins, and coins of the hast didin Company, with the Coins of the vrnited Kingdom, at certain fired rates crecified in the renomination of British Sterling.

4. The legal Meet of this established was

the regulations supposed by the

Home Authorities to be that thenectath

all

engagement

pecuniary Contracts and entered ints at Stonghong and its

write on the curreng, entered

of the British Colonies -

Dependencies in the terms

бер

the Sterling

money of the United Kingdom might be discharged with any of the C

1