Republic
and the Empire, and a certain degree of latitude continues.
All the Mexican Mints (10 in number) profess to work up to that standard and stamp it upon their pieces. It is admitted, however, that a certain latitude in practice prevails, and that while Mexican Dollars are now imported into the London market as being as good as these purport to be, and being of the higher of the two standards proposed for Hong Kong as "Other Mexican Dollars", and probably a larger number of them are of the standard proposed for Hong Kong, many even appear inferior to that standard. This vagueness in the worth of the Mexican Dollar becomes of less importance as they are no better than the lower standard, and are sold by weight and not by tale.
Mr. Krider's standard of the "strong" Dollar might be recognised as an admissible equivalent for the actual Mexican Dollar, as it is found in circulation. His standard is deduced from Mexican Dollars having upon them the average amount of error in workmanship of the Mexican Mints.
Although I regret that the lower standard was preferred at the time, and the legitimate relation to the Mexican Dollar was lost, still I would not press the adoption of the higher standard as indispensable. It is a point which might now be left to the judgment of the local Colonial authorities, who can alone properly estimate the force of the objections to altering the value of the new Dollar from that which it has already been acted upon to some extent.
Availing myself of the circumstance that a large quantity of Mexican Dollars, new from the Mint of that country, have lately been sent down by the London refiners (owing to the low price), I have applied to Messrs Mocatta & Goldsmid, Bullion Brokers of the Mint, for an estimate of the fineness of the dollars, their weight being found to be a trifle under 0.8680 oz, which I beg to transmit herewith.
I have the honour to remain,
Your obedient Servant,
F. J. Elliot
The Graham, Esq., Colonial Office.
Republic
and the Empire, and a & Kely
& continue to.
All the Mexican Mints (10 02. 12 in, number / profess & work up & that. standard, and stamp it upon their pièces . It is admitted however that a certain latitude in practice prevails, and that while Mexican Dollars are now in horted into the London market as
es good. as these purport to be, and
being of the higher of the two standards proposed for Hong Kong as " Other : Mexican Dol- lars, / and probably a larger number of them) Standard proposed for. Hong Kong, many even appea inferior to that stand- and. This
vaguences in the worth of the Mexican Dollar becomes of
leas import-
are no better than the lower.
from the coins
and not by tale.
bring sold by weight
Mr. Krider's standard of the trong rong
Dollar, might be
ht be recognised ao an admissible equivalent for the actual Mexican Dollar, as it is found in circulation. His standard is deduced
from Mexican Dollars having upon them the average amount of error in workman- ship of the Mexican Mints.
a
Although I regret that the
lower
lower standard was,
preferred at
89
and the legitimate relation to the Moxi- can Dollar this lost, still I would not
press the adoption of the higher standar
indispensable
As an
riggested at home; measure . It is a point which might now be left of the judgment of the local Colonial authorities, who can alone,
alone proper by estimate the force of the objections I now altering the value of the new Dollar from that which it appears already been acted upon & some extent.
That&
has alre
Availing myself of the circumstance large, quantity of Mexican Dollars, new from the Mint of that country, have lately been sted down by the London refiners / owing to low price). I have applied & Messrs Mocatta & Goldor
oldomid, Bullion Brokers of the
Mint, for an estimate of the fineness of the dollars, then weight being found
trifle under oz. 0.8680g which I beg t
tranomit herewith.
I have the honour Dremain,
F. J. Elliot Exgre.
L
L
Ser
Your obedient Servant.
The Graham
Erakann
Colonial Office.
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