CO129-120 - Sir MacDonnell - 1867 [1-2] — Page 100

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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98

Iettlements next April. I have the honor to state that Mr. Kinder reports the Mint able to supply that Coinage whenever the designs for dies may be approved and suitable dies received here.

At the same time I am personally of opinion that no higher average than a Cringe of 30000 Dollars per diem can be attained at the Mint for my prolonged kin wich as a mouth.

2.

I fear however that one very important point has escaped attention, namely, who is to pay the expense of the coinage. There is no necessity for popularizing the Filler, which is accepted readily enough. For Putherford even at Pekin as Merck writes me.

The real question is who is to defray the cost of manufacturing Silver into Follars as when manufactured it would acquire thereby, no increase in purchasing power...

3.

This Colony is not in a position to do so. It will of course willingly manufacture the coinage on condition of receiving the bullion and the usual 2 per cent for Seignorage; but I apprehend that Your Lordship would not find the Community on the Straits Settlement

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98 Iettlements next April. I have the honor to state that Mr. Kinder reports the Mint able to supply that Coinage whenever the designs for dies may be approved and suitable dies received here. At the same time I am personally of opinion that no higher average than a Cringe of 30000 Dollars per diem can be attained at the Mint for my prolonged kin wich as a mouth. 2. I fear however that one very important point has escaped attention, namely, who is to pay the expense of the coinage. There is no necessity for popularizing the Filler, which is accepted readily enough. For Putherford even at Pekin as Merck writes me. The real question is who is to defray the cost of manufacturing Silver into Follars as when manufactured it would acquire thereby, no increase in purchasing power... 3. This Colony is not in a position to do so. It will of course willingly manufacture the coinage on condition of receiving the bullion and the usual 2 per cent for Seignorage; but I apprehend that Your Lordship would not find the Community on the Straits Settlement
Baseline (Original)
C 98 Iettlements next April. I have the honor to state that Mr. Kinder reporte the Mint able to supply that Coinage- whenever the lesigns for dies may be approved and suitable dies received here. At the same time I am personally of opinion that no higher average than a Cringe & 30000 Follars fer diem can be attained the Mint for my frolonged kin wich as a mouth. 2. I fear however that one very important point has escaped attention, namely, who is to pay the expense of the coinage. There is no necessity for popularizing the Filler, News which is accepted readily enough. For Putherford even at Pekin as Merck pures me. excell] question is who is to Then real defray for cost put of manufacturing Silver ints Folles 〆とう Ne Shite as when mannfactured it would acquire thereby, no increase! Seaster purchasing flower... J 3. This Colour is not in a position Course to do so.. It will of willingly manufacture the coinage on condition of receiving the bullion- and the usual 2 necesary cent fer Seignorage; but I apprehend that Your Lordship would not find the Community on the Straits Settlement
2026-05-19 15:31:09 · Baseline
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C

98

Iettlements next April. I have the honor to state that Mr. Kinder reporte

the Mint able to supply

that Coinage-

whenever the lesigns for dies may be

approved and suitable dies received here.

At the same time I am

personally of opinion that no higher

average than a Cringe & 30000

Follars

fer

diem can

be attained

the Mint for my frolonged

kin wich as a mouth.

2.

I fear however that one very important point

has escaped attention, namely, who is to pay the expense of the coinage. There is no necessity for popularizing the Filler,

News

which is accepted readily enough.

For Putherford

even at Pekin as

Merck pures me.

excell] question is who is to

Then real

defray for cost

put of manufacturing Silver ints Folles

〆とう

Ne

Shite

as when mannfactured it would

acquire thereby, no increase!

Seaster purchasing flower...

J

3.

This Colour is not in a position

Course

to do so..

It will of

willingly manufacture the coinage on condition of receiving

the

bullion- and the usual 2

necesary

cent

fer

Seignorage; but I apprehend that

Your Lordship would not find the Community on the Straits Settlement

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