CO129-096 - Others - 1863 — Page 168

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

165

cast foreign trade of China and Japan.

Made

received

A similar proposal was made by my Predecessor Sir John Bowring. Some years after but it was not favourably received at that time by the Lords Commissioners of the Treasury, chiefly, I believe, on the ground that the Mercantile

Advocates for the plan were confined to Traders at Canton who had some dissension among themselves which prevented the introduction of that plan, and whose objections will be till the interest it was to advocate any scheme which if it succeeded would relieve them from difficulty, and if it failed would cost them nothing.

Besides this, it would have been premature at that time to have coined dollars while British money remained under the terms of H.M.'s Proclamation the standard of value in Hongkong.

All this, however, is now changed. Dollars pass current in large quantities soon in Shanghai, and have been declared by

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F 165 F cast foreign trade of China and Japan. Made received A similar proposal was made by my Predecessor Sir John Bowring. Some years after but it was not favourably received at that time by the Lords Commissioners of the Treasury, chiefly, I believe, on the ground that the Mercantile Advocates for the plan were confined to Traders at Canton who had some dissension among themselves which prevented the introduction of that plan, and whose objections will be till the interest it was to advocate any scheme which if it succeeded would relieve them from difficulty, and if it failed would cost them nothing. Besides this, it would have been premature at that time to have coined dollars while British money remained under the terms of H.M.'s Proclamation the standard of value in Hongkong. All this, however, is now changed. Dollars pass current in large quantities soon in Shanghai, and have been declared by

Baseline (Original)

F 165 F cast foreign trade of China and Japan . Made receivedl A similar proposal was by my Redecesor Fir John Bowring. tome gears aft but it was not favourably at that time big the Lords Commipimus of the Maphing Easury, chiefly, I believe, on the ground that the Mercantile Advocates for the plane were confined to Tradus at thaughan who had pome Remselves dissension among preverited the introduction of Mexican dollars cite that plan, and whore oborone 154/57 11477 will be till the interest it was to advocate any scheme which if it succeded would achieve them from difficulty. and if ہے failed would cost them Besides this, it nothing would have been premature At that time to have coined dollars while British money Umained under the termes of H. M & Proclamation the standard of value Hongkong. نه All this, however, is now changed dollars pass curent in large quantition soon in Shanghai, and have been declared by

2026-05-19 03:45:05 · Baseline

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165

cast foreign trade of China

and Japan .

Made

receivedl

A similar proposal

was

by my Redecesor Fir

John Bowring. tome gears aft but it was not favourably at that time big the Lords Commipimus of the Maphing Easury, chiefly, I believe, on the ground that the Mercantile

Advocates for the plane were confined to Tradus at

thaughan who had pome

Remselves

dissension among preverited the introduction of Mexican dollars cite that

plan, and whore oborone

154/57 11477

will be

till the

interest it was to advocate

any

scheme which if it

succeded would achieve them

from difficulty.

and if

ہے

failed would cost them

Besides this, it

nothing

would have been premature

At that time to have coined

dollars while British money Umained under the termes of H. M & Proclamation the standard of value Hongkong.

نه

All this, however, is

now changed

dollars pass curent in large

quantition soon in

Shanghai,

and have been declared

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