CO129-123 - Sir MacDonnell - 1867 [7] — Page 235

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

the Pants, but no case has been made out to justify promoting the commerce of private corporations like this Drinks at the expense of the general Community.

12. I greatly fear also that the help expected from the subsidiary Coinage cannot be relied on as a source of either great or permanent profit to the Mint, and I admit that this result has greatly surprised me when the obvious convenience of such Coinage is considered.

13. Since September 1866, the Treasury here has received supplies of $204,000 in subsidiary coins. With the help of the Commissariat, and by insisting on Contractors paying a proportion of their receipts to their workmen in subsidiary coins, and by otherwise using the influence of the Government in every way to get rid of those coins, I have been enabled to put into circulation here and at several Chinese Ports less than $130,000 in nearly ten months. Whilst $75,000 of the Public money remains still locked up in subsidiary Coins.

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the Pants, but no case has been made out to justify promoting the commerce of private corporations like this Drinks at the expense of the general Community. 12. I greatly fear also that the help expected from the subsidiary Coinage cannot be relied on as a source of either great or permanent profit to the Mint, and I admit that this result has greatly surprised me when the obvious convenience of such Coinage is considered. 13. Since September 1866, the Treasury here has received supplies of $204,000 in subsidiary coins. With the help of the Commissariat, and by insisting on Contractors paying a proportion of their receipts to their workmen in subsidiary coins, and by otherwise using the influence of the Government in every way to get rid of those coins, I have been enabled to put into circulation here and at several Chinese Ports less than $130,000 in nearly ten months. Whilst $75,000 of the Public money remains still locked up in subsidiary Coins.
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the Pants, but no case has been made out to justify fromoting the commerce of private corporations like this Dranks at the expense of the general Community. 12. I greatly fear also that the help expected from the subsidiary Coinage cannot be relied on as a source of either great or fermanent frofit to the Mint, and I admit that this result has greatly surfrised me when the obvious convenience of such Coinage is considered. 13. Since September 1866. the 233 Treasury here has received uprooves امة of $204,000 in subsidiary coins- With the help of the Commisarist, and by insisting on Contracton paying a proportion of their receipli to their workmen im anbirdiary coins, and by otherwise using the influence of the Governments in every way to get rid of those coins, I have been enabled to put into circulation here and at several Chinese Forts less than $130,000 in nearly ten months. Whilst $75,000 of the Public money remains still locked up in subsidiary Erius._
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the Pants, but no case has been made out to justify fromoting the commerce of private

corporations like this Dranks at the expense of the

general Community.

12. I greatly fear also that the help expected from the subsidiary Coinage cannot be relied on as a source of either great or

fermanent frofit to the Mint, and I admit

that this result has

greatly surfrised me when the

obvious convenience of such Coinage is considered.

13. Since September 1866. the

233

Treasury here has received uprooves

امة

of $204,000 in subsidiary coins- With the help of the Commisarist, and by insisting on Contracton paying a proportion of their receipli to their workmen im anbirdiary coins, and by otherwise using the influence of the Governments in every way to get rid of those coins, I have been enabled to put into circulation here and at several Chinese Forts less than $130,000 in nearly ten months. Whilst $75,000 of the Public money remains still locked up in subsidiary Erius._

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