263
3
As we have before said, so short a time has elapsed since the opening of the mint, that there is no argument for or against it, which might not have been adduced at that time, and we conceive that it would have been better that a single Dollar had never been struck than that we should condemn matters which time alone can decide.
(Signed) M. I. Mercer (Signed) Jar Whittall. (Signed) James Long
b.e.G.
Hongkong 23rd November 1866.
We would also observe that a change has lately taken place in the coinage of the Mexican Dollar, this and possible future changes, together with the influence which the opening of a new line of Steamers between Panama, St Francisco, Japan and Hongkong early in the ensuing year, may have on the money market in China, are
(True Copy)
Colonial Secretary
263
3
As we have before said, so short a
time has elapsed since the
the mint, that there is no
or
opening of
argument for
against it, which might not have
been adduced at that time, and we
conceive that it would have been better
that a
single
Dollar had never
been
struck than that we should condemn
matters which time alone can decides-
(Signed) M. I. Mercer
(Signed) Jar Whittall. (Signed) James Long
b.e.G.
Hongkong
2 3rd November 1866.
the experiment
or
such short experience.
has lately tatten
We would also observe that a change
place in the
coinage of the Mexican Dollar, this and pofsible future changes, together with
the influence which the opening of a new line of Steamers between Panama,
St Francisco, Japan and Hongtong early
in the ensuing year, may
the
money
have
on
market in China, are
(True Copy)
Colonial Secretary
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