ABENT
Cons
Miscel
OF
likely.
to be
British dollar, is more under than above 4 per cent. The estimate
Rest of Pending dollars either here or
must be the fall of it
at Ting King
premium to the amount of a Pint.
Charge for lining or reducing
AL
The whole expenses. dollar at the Royal
I
exceed per
Tint would not I believe exec
Pent, as they
fail.
Lar
The
intimated
far.
as the changes
Jame Despatch, to fav
for manufacturing
Couve une
But it appears reasonable to add
1 or 2 per cent more
for interest upon the cost of the silver bullion, during the time which may elapse between the date of purchase of silver and sale of coin.
The remittance of money in the form of a British dollar to Hong Kong may be attended with the further advantages to the Government indicated in the Despatch, as likely
to accrue.
accrue in the Colony, but I presume
the
310
the local advantages referred to would accrue from the consignment of these coins as well as British dollars.
Anxious apprehension has always prevailed here that a British dollar might not be accepted by the Chinese as a substitute for the Mexican dollar; to which they have become accustomed.
It is remembered that several years elapsed before the Prussian dollar itself was received on equal terms with Carolus dollars, which preceded it.
Further that attempts made by the French to introduce the 5 franc piece into circulation during their late Campaign in China did not succeed. Little utility also derives
A
new Mint
varying the
having
of
of the dollar by striking the coin in a collar and giving
it a fluted edge (improvements long adopted in all European Coinage!) had their dollars rejected in China,
although
Page 310
EX
ABENT
Cons
Miscel
OF
likely.
to be
British dollard, is more under than above 4 per cent. The attemate
Rest of Penting dollars either here or
enust be the fall of it
at Ting King
premicom to the amount of a Paint.
Charge for lining of freducing
AL
The whole expenses. dollar at the Royal
I
exceed pee
Tint would not Ibelieve exec
Pent, as they
ail.
Lar
The
intimated
far.
as the changes
Jame Desfalch, to fau
for manufacturing
Couve une
But it affeans reasonable to add
1 or 2 per cent more
for intuest upon. the cost of the silver bullion, during the lime which may clapse between. the date of prenehase of silver and sale of coin.
The remittance of money the foun of a British dollar to Hong King may be ablended with the further advantages to the Goreinment indicated in the Despatch, as likely
to accrue.
recrue in the Coliny, but I presume
the
310
the local advantages referred to would) acise from the consignment of theseen. As well as British dollars.
Anicdurable affretension has always furevailed here that a British dobar might not be acceptest by the Chinese as a substitute for the Texican dollar; to which they have become accustomed.
It is rememembered that several Jear elapsed before the Presion dollar. itself was received on equal terms with Carolus dolian, which preceded it.
Enther that attempts made by the Feuch to introdure the 5 frame piese. into curculation during their late Campaign in Chunn did not succeed. Luite lality also Kevice
A
hew Kint w
varied. the
having van
of
of the dollar by striking the coin in a collar and gening
it a fluted edge ( improvements long adopleit in. All European Coinage!) had their dollars repeted in China,
atthought
EX
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