CO129-080 - Sir Robinson - 1861 [1-3] — Page 293

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01

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other cheaper metal; and the intrinsic

value of it should be so much below the

rater value of 1000 to a

the

1. cover the

Dollar

as would

exsense of coinage, and prevent any possible fluctuations

fluctuations in the market price is the metal contained in the coin withdrawing it from circulation. There points being provided for I think considering the excentive People with whom we have to deal, it would be desirable that the new each should

Enclosed

if possible be intrinsically worth not less than the cark issued by Specimen 87. the present chinese government- and at first I would recommend that it should be made as much superior to that

now

being issued

hs

could be done without loss. I have

been unable to ascertain the value the metal contained in 1970 each.

the present Emperor, but I assume

that

as 101

Coin

Can

ross current

less than its intrinsic value the

Market price of

Mo

the metal cannot

greater

than

one dollar

at all events be

and that be experienced in issuing from

Difficulty will therefre

the

for

the

Treasury hire 1000 Milish each Dollar at least equal to the present Chinese issue

I must however leave the question of value to be decided by competent Authorities at Home after

an

analysis of the specimens incloed; and I have arrived at the conclusi