with the supply of bullion to the Hong Kong Mint. It is not necessary that the circuitous route of India should be the
au
by which silver flows to China,
more than
any
show that it should exclusively reach
that destination direct from London. Pra
California Silver
arrives
li
China (already
to a considerable extent) cheaper by the
lower charges of transport.
The objections urged against the success of the Hong Kong Mint appear
to me
against all
to be equally conclusive as against
Mints where a seignorage (but still everywhere they
work). The
Pone enience
ave
is charged);
in full
of coined over
uncoined treasure is too great not to
command
a preference for it
even
at
ye 20
this is the utmost poster.
Hi
I recommend
279
that cost and although the Chinese still adhere chiefly to the use of uncoined gold
1st 0
and silver, still the dollar is a
recognized
want at all the Consular parts of China,
and in some districts of the interior, (not
to mention Japan), and I
can
neither
see
why the Hong Kong dollar should not be coined as cheaply as those of any other Country, nor why the coinage of a
- a powerful state of recognized good faith, should command less respect than that
by the
actual price of an
anarchical State like Mexico,
the
coinage
being
carried
on
under the
eyes of the Community, with every guarantee for the purity of Standard and readiness of weight of the coins; - while on the other hand the coinage is carried
on
is it to be answered?
with the supply of bullion to the I Hougtong Mint. It is not necesary that the circuitous route of India should be the
au
by which silver flows to China,
more than
any
show that it should exclusively reach
that destination direct from London. Pra
California Silver
arrives
li
China (aluady
te a considuable extent) cheaper by the
lower charges of transport.
The objections inged against the succes of the Hongling hunt appear
to mus
against all
to be equally conclusive as against
Mints where a seignorage but still everywhere they
work. The
Pone enience
ave
is charged);
in full
of coined over
uncomed treasure is too great not to
command
a preference for it
even
at
ye 20
this is th Whoot puster.
Hi
anmend
279
that cost and alihrough the Chinese still adhers chiefly to the of incoined gold.
1^0 0
and silver, still the dollar is a
recognized
want at all the Consular parts of China,
and in some dishicts of the interior, (not
to mention Japan), and I
Qe
be
CAN
neither
ahe
why the HongKong dollar should not coined as cheaply as those of any ortin Country, nor why the comage of. Comaly.
of a
- infovany powerful state of recognized good faich, to the boy. should command les respect than that
Kay
by the
actual, of an
price A
of an anarchical State like Mersies, the
Wand Jeanie Minterge Orlier
Com
perschered
ti kendar
under the
in
mand
Cas l
being
canid
ت
eyes of the Community, with Ws every guarambe for the purity of Standard and readiness of weight of the cons; - while on the orter the coinage is carried
qu is il to answerd?
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