In the interests of the Colony only say that further Colonial expenditure on the Mint appears undesirable and that the establishment, if closed at all, should be closed as soon as practicable. If however Her Majesty's Government takes a different view and considers that the Colony should continue to expend a large portion of its income, between $60,000 and $90,000 per annum, on the Mint I have only to request that such decision may be clearly conveyed to me as an instruction from Her Majesty's Government, and I shall not fail to do my utmost to give full effect to it, for most heartily shall I rejoice if the forebodings of the Commission which were ... to Mr. Jean, and the Bankers be disproved by future results.
$9. On the other hand though I consider it unfair to impose on the small Community residing here the burden of expenditure and taxation to solve a problem of more interest to Hong Kong Residents than to Her Majesty's Subjects at Shanghai and Japan, I cannot but feel that as the establishment of the Mint was really as much if not more Imperial than a Colonial suggestion, and as the Colony has expended 4,50,000 dollars in carrying out that suggestion, Her Majesty's Government on whom must devolve the conduct of future negotiations with China may
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2
In the interests of the Colony
only say that furthen Colonial
sherefore expenditure
M
are most
on the Mint appears undesirable and that the establishment,
if closed at all, should be closed as som is practicable. If howen Wa Majesty's Government takes a different view and considers that the Colony should continue te nopend a large portion of it.
inconce,
between $60,000 and $90,000 per annum,
the Mint I have only to request that
such decision
may
be clearly conveyed to nce as an instruction from Her Majesty's
Geunmment, and I shall not fail to wout myself to the retmost to give full effect to it, for most heartily shall I rejoice if the forebodings of the Consmision
Which w
Mr. Jean,
Inde et bolicable to
and the Bankers be disproved by futive
usulla
$9.
On the other hand through I
consider it unfair to impose
en
the small
710
Community residing here functior expened and lavation to solve a problem of mo more interest to Hongthong Residents chan to Her Majesty's Subjects at Shanghar and Japan,
Lanbard Sheet.
even Aw
I cannet but feel that as the establishment of the Mint avas
mare
an
really as much if not Imperial them a Colonial
now
out
suggestion, and as the Polony has ippended 4,50,000 dollars in carrying. that "ggestion. Her Majesty's Government
on
whan must devolve the conduct
stunts. of future regelrations with China may
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