CO129-116 - Sir MacDonnell - 1866 [11-12] — Page 224

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

Of the four Bankers - one, the Manager of the Oriental Bank, quite acquiesces with the Commission. The Manager of the Chartered Mercantile Bank, thinks, as does the Commission, that to make the British dollar pass in China is hopeless without the aid of the Chinese Government.

The Manager of the Comptoir d'Escompte says that there is no hope for the Mint unless the Hongkong Dollar be made more tempting by containing more silver than other dollars or by forcing it on the population of the neighbouring Ports and the Straits - extreme measures which he justly pronounces "impracticable" and "impossible."

Mr. Fraser, Manager of the Hongkong and Shanghai Bank, concurs generally with the Commission and also declares a

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I would next invite Your Lordship's attention to the enclosed opinions of the leading Bankers on the probable fortunes of the mint and regret much that the fruits of their great practical experience hold out no more cheerful prospect than the Commission of Inquiry appointed by myself.Of the four Bankers - one, the Manager of the Oriental Bank, quite acquiesces with the Commission. The Manager of the Chartered Mercantile Bank, thinks, as does the Commission, that to make the British dollar pass in China is hopeless without the aid of the Chinese Government.The Manager of the Comptoir d'Escompte says that there is no hope for the Mint unless the Hongkong Dollar be made more tempting by containing more silver than other dollars or by forcing it on the population of the neighbouring Ports and the Straits - extreme measures which he justly pronounces "impracticable" and "impossible."Mr. Fraser, Manager of the Hongkong and Shanghai Bank, concurs generally with the Commission and also declares a

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building!16.I would next invite Your Lordship's attention to the enclosed opinions of the leading Bankers on the probable fortunes of the mint and regret much that the fruits of their great practical experience hold out no more cheerful prospect than the Commission of Inquiry appointed by myself- 19. Of the-Of the four Banthers - one the Manager of the Oriental Bank"quité aques with the Commission Manager of the CharteredThe n Mercantile Bank, think's, as does the Commission, that to make the British dollar pass in China is222 hopeless without the aid of the Chinese Government.The Manager of the Comptoir d'Excomplehope for says that there is no the Mint unless the Hongtong Dollar be made morecontaining tempting by more silver than other dollars or by forcing it on the population of the neighbouring Ports and the Straits extreme measures which he justly pronounces "impracticable" and "impossible.18Mr. Presser, Manager of the and Shanghai Bank,HongKong and concurs generally with the Commission and also declares a

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building!

16.

I would next invite Your Lordship's attention to the enclosed opinions of the leading Bankers

on the probable fortunes of the

mint and

regret

much that the

fruits of their great practical

experience

hold out no more

cheerful

prospect than the Commission of

Inquiry appointed by myself- 19. Of the

Of the four Banthers - one

the Manager of the Oriental Bank

"quité aques

with the Commission

Manager of the Chartered

The n

Mercantile Bank, think's, as does

the Commission, that to make

the British dollar pass

in China

222

hopeless without the aid of the Chinese Government. The

Manager of the Comptoir d'Excomple

hope for

says that there is no the Mint unless the Hongtong

Dollar be made more

containing

tempting by

more silver than other

dollars or

forcing it on the population of the neighbouring

Ports and the Straits extreme

measures which he

justly

pronounces "impracticable" and "impossible.

Mr. Presser, Manager of the

and Shanghai Bank,

HongKong and

concurs

generally with the

Commission

and also declares a

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