But the question is about the motive for sending bullion to the Mint. It appears that the corresponding state of things exists unless it be an exceptional instance, as reported by the Minister, in his despatch received on 31/8/87 (2777 M. Kory), in which a large sum was sent there to be coined, (as might be expected) in China, the foreign coins in Dollars having disappeared (or nearly so) there also. There being no purpose for which the Mexican Dollar will not answer for the sake of the assay.
The present price list, as well as the new British Dollar, is as follows: Mexican Dollars are $4.177 per oz of fine Silver (Standard) $5.04 per oz. The same prices have now ruled for some time.
The pure silver in M.D. being 9/10 fine of the gross weight, & in bar silver (standard) 22/24 fine of the gross weight, the bullion in the form of bars is more valuable than in the form of M. Dollars. Consequently, Dollars are not being melted for their silver content, but are being used for a long time, precisely at "melting point." They are being used with the bullion containing fine silver. – H.R. Meredith closely watched the Commission's refast there.
Of course, the Mint will pay a certain percentage for the coinage when the Contractor furnishes his bullion with the former at par, or close upon it. The Mint accordingly stands still with the circumstances just reported in 2777.
Fr. H. Robison, in his despatch from Canton, dated 11/8/66 (254 Cypher) says his confidence in the project is not shaken and recommends (with some other measures in detail) that the Imperial Government should be supplied with bullion from home and ordered to get this coined into the new dollars and pay the Army in China in nothing else.
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motive for sending bullion to the Mint. _ that the comspending state of things există unless it be much an exceptional instone Nut reported by the Iminer, in his despull wist received d/land 31/87 (2777 M. Kory), - (in
which a Danh his sent lane aiheer the coined,
(as might be expected) in China, the fremains in Dollars having disaffeared (or nearly aut there also . _ There being no purpose Whition which the Neexican Dollar will not answer
for the sake of the assay ) . __ The present price list as well is the new British Boller, an
of
Meaican Dollars is händen is 4.177 per of & of Har Silver (Standard) 5:04 per oz, & the Jame prices have now ruled for
The pure silver in M. D. Man being 9/10 Men of the Roßreight, & in bar silver (22) 22 this of
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240
the geops weight, _ the bullion in the dotion
caspersible with 1.
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of barselon in 105. trouver 5.02 frog is as neach
at
per oz at
mine than in an of of M. Dollars . _ Consequently, Dellers are u I have hem for a long time, precisely at "melting point. _ They
einfle with h belling the contain. – Hi R. Merend closetit. & the Commission's Rhefast there
of
course will pay whercent.
: per cent. reiprorage for the Callin when he Cover ftum his bullin with the former at par, or close upmit._ The hint Accordingly stand still / with the cauptreni pist reported in 2777). ——
Fr. Ht. Robison, in his despielte prons Celan swd. 11/66 (254 Cytai) says his confidence in the project is not the per- & recommend, ( with come other mccasures of detail) tut The Imperial Compact cost the be sufflink with bullim from home & ordered to get this comed into the new dollars & pay the Army, Harry Ke in China in nothing.
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