CO129-097 - Acting Governor Mercer - 1864 [1-2] & Sir Robinson - 1864 [1-3] — Page 424

point

which

ean

be ascertained better.

in London than here. Mexican

Dollars pass current in china at the rate

Memo.

1000 dollars to 717 Taels alique

weight, at which rate a dollar

weighing 415.74 Grains troy is accepted no of sufficient weight

7

But Mexican dollars are nearly always heavier than this, and it will be importance that the British Dollar shall be fully equal in weight to an average Mexican dollar, which will probably be found to weigh 416 on 416.5 Grains troy.

!an

16

As regards the purity of

new Coin I am

the

of opinion that it

A

is

6579.84 grains Froy-

C

417

should be of 9 / 10th fineness _ that is composed of Mctal containing 9/10th of pure silver and 1/10th of alloy-

- r

as described out here, where the notation of fineness is centesimal

of

Silver

of 90 touch". Mexican Dollars

issued by

the

Country

different

Mints in that are not precisely uniform

in

fineness, but the average finencer of

Mexican Dollars

of

all Mints in parcels,

is I believe found to be about 897 thousandths. Of this calculation be

correct the new British Dollar of 9/

9/10 fineness, and of equal weight to the Merican Dollar, will be intrinsically

the two to the extent the more valuable of the two to

of

3 mils, which would be a decided advantage.