Running
misch
year, may fare better the Mint,
but unless the Chinese in the interior of
the Empire will revert to their old
preference for
a Chin... over a
piece of Silver
I do not see how it can be worth while
for the importers of
Sycee to incur a
minting charge of 2 per cent. The
Dollars, already in China,
in quantity,
can generally be brought from the Mainland
at less cost than Coins can be
produced whenever it is necessary to make good any deficiency of Coinage at Hongkong or the neighbouring ports,
where Dollars are current.
Page 362
15.
In the meantime I am exerting every means to keep the Mint at work
and have applied through Sir Rutherford Alcock to the Chinese Government to
do any minting work that may be
required by it, and to request that
orders may be given for having it
own Dollar coinage at the British Custom Houses
16.
The introduction of the Dollar
Currency in the Straits Settlements
will also, I hope, furnish
employment to our Mint, and I trust
that Your Lordship will cause either
the Hongkong Dollar and its subdivisions
to be the currency of the Straits Settlements
or, if it be preferred, that
the minting of them should be done
running
misch
year, may farer the mint,
but unless the Chinese in the interior of
the Empire will revert to their old
preference for
a Chin ove a
picce of Silver
I do not eu hoe it can be worth while
-for the importers of
billion to incur. a---
Minting charge of 2 per cent. The
Pollars, already in China,
in Chine, of which
Huw is
quantity,
@mm
generally be brought from the Mamland
at
lefo
cost than Coins can be
produced knewhenever it is necessary to make good any deficiency of Coinrage at Hooghings or the sighbouring ports,
where Dollars are current.
15.
In the meantime I am excerting- every means to keep the mint at work
cherrys are commumcatio. Often wat
362
and have applica thingh Ser Rutherford Aleach to the Chinese Government to
do
any chinting work that
required by it,
directims in
may
be
it, and to request that -
may be given for having i
own Dollar latin at the basins Custom
Homses
7
Terand
16.
The introductim of the Dollar
Currency site the Straits Settlements
in then hie
linnafor
to the Colmint
Deportment will also I hope farmish
employment to our Mink, and I trust
that
Sirdship will cauze citfur
you the Hongking
Dollar andītā dubdivisúrs
to be the onnency of the Straits of Dollars
of
their
www
if
bur prefered, that
the Minting of them should be done
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