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unged to adopt the short-sighted expedient of fixing, as at Macao, by legislation the price of all articles in the market.
19.
As regards, therefore, the suggestion of Mr. C. Lewis to
20.
The remedy which I recommend is that the Colonial Government should coin and issue cash at the rate of 1,000 to the dollar, and that such coin be made a legal tender to the account of One Dollar.
The new British coin should resemble the Chinese cash in appearance, referred to in the Despatch to which Sir H. Pottinger is replying, that Chinese Cash 3 Aws/80 ago should be declared a legal tender at a fixed rate. I need only, I think, observe that the circulating Proclamation exists and I think that, considering the circumstances under which alone this Coin is issued by the Chinese Government, which I have fully described, a similar regulation must prove equally imperative.
It should have a square hole in the centre, one mace (57.95 grains). The Shroffs and Compradors connected with the Banks, whom I have consulted, share great importance upon the weight being as near as possible one mace.
The coin might be made of bronze or of an alloy of copper and some...
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unged to adopt the short sightin
exsetient of fixing
as at Mincas by legislation the price of all articles
in the market.
19.
As
regard therefore the suggestion
Six C. Lewis to
20.
The remedy which I recommend
is that the Colonial Government should coin and issue cash at the rate of
1,000 to the dollar, and that such coin
be made a
of One Dollar.
legal tender to the arcount
Le
new Bilik cart should resemble the chinese cash in
referred to in the Despatch to which Binth. Pertinen I am replying _ that Chinese Cack
3 Aws/80
ago
should be declared a legal tender at ?180)
在
fived rate I need only I think observe
that the cricting Proclamation Eres co
and I
and that it is a dead letter think that considering the circumstances under which alone this Coin is issued by the Chimere Government, which I have fully described,
similar regulation must prove equally insperative.
any
appearance
have
the
a square hole in the
convenience
of stringing
centre
one musee
The Shroffs and
and weigh not less than (57.95 grains). Compradous connected with the Banks whom I have consulted share
great importance upon the weight beine as near as possible one mace.
the coin might be made of bronzer,
or of
an
alloy of copper and some
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