CO129-116 - Sir MacDonnell - 1866 [11-12] — Page 259

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

257

the Earl of Carnarvon. No 19 of 10th details the 2nd " great difficulties that We have come August, must always be experienced in starting a Mint, and shews that the time hitherto elapsed is not sufficient to test the powers of that at HongKong,

our personal observation leads us to believe, that those difficulties would have already been successfully overcome by Mr Kinder and his subordinates had they been supplied with such quantity of work as would have occupied their Machinery in gear enabled them to retain permanently sufficient number of trained labourers.

The very opposite however has been the fact. and we come reluctantly to the conclusion, always provided that the Mexican Dollar will be procurable as heretofore, that there are no reasonable grounds for the belief that the Public will under present conditions supply the HongKong Royal Mint with sufficient Silver to keep it in paying or in other words that the operation, the Public will pay two per cent seignorage, to have their silver converted into British Dollars

Trade experience has left no doubt that so long Coins be of the same weight and purity the Chinese will not account the HongKong Dollar of more value to

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257the Earl of Carnarvon. No 19 of 10th details the 2nd " great difficulties that We have come August, must always be experienced in starting a Mint, and shews that the time hitherto elapsed is not sufficient to test the powers of that at HongKong,our personal observation leads us to believe, that those difficulties would have already been successfully overcome by Mr Kinder and his subordinates had they been supplied with such quantity of work as would have occupied their Machinery in gear enabled them to retain permanently sufficient number of trained labourers.The very opposite however has been the fact. and we come reluctantly to the conclusion, always provided that the Mexican Dollar will be procurable as heretofore, that there are no reasonable grounds for the belief that the Public will under present conditions supply the HongKong Royal Mint with sufficient Silver to keep it in paying or in other words that the operation, the Public will pay two per cent seignorage, to have their silver converted into British DollarsTrade experience has left no doubt that so long Coins be of the same weight and purity the Chinese will not account the HongKong Dollar of more value to

Baseline (Original)

6.257the Earl of barnarvon. No 19 of 10th details the 2nd " great difficulties that We have come August, must always be experienced in starting a Mint, and sheus that the time hitherto elapsed is not sufficient to test the powers of that at butour Hongrong,•personal observation leads us to believe, that those difficulties would have already been successfully overcomea by Mr Kinder and his subordinates had they been supplied with such quantity of work as would have occupied their Machinery in gear enabled them to retain permanently sufficient number of trained labourers.The very opposite however has been the fact. and reluctantly to the conclusion, always provided that the Mexican Dollar will be procurable as heretofore, that there are no reasonable grounds for the belief that the Public will under present conditions supply the HongKong Royal Mint with sufficient Silver to keep it in paying or in other words that the operation, Public will pay two per cent seignorage, to have their silver converted into British DollarsIradal experience has left to doubt that so long Coins be of the same CDmothe two the Chinese will not account theOLroomweightand purity HongKong Dollar of more value to

2026-05-19 12:30:48 · Baseline

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257

the Earl of barnarvon. No 19 of 10th

details the

2nd

great difficulties that

We have come

August, must always be experienced in starting

a Mint, and sheus that the time

hitherto elapsed is not sufficient to

test the powers of that at

but

our

Hongrong,

•personal observation leads us

to believe, that those difficulties would

have already been successfully

overcome

by Mr Kinder and his subordinates had they been supplied with such quantity of work as would have occupied their Machinery in gear enabled them to retain permanently

sufficient number of trained labourers.

The

very opposite however has been the

fact.

and

reluctantly to the

conclusion, always provided that the Mexican Dollar will be procurable

heretofore, that there are no reasonable grounds for the belief that the Public will under present conditions supply

the

HongKong Royal Mint with sufficient Silver to keep it in paying

or in other words that the

operation,

Public will

pay

two

per

cent seignorage,

to have their silver converted into

British Dollars

Iradal experience has left

to doubt that so long

Coins be of the same

the two

the Chinese will not account the

room

weight

and purity

HongKong Dollar of

more value to

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