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2.
I have already expressed that opinion in my despatches to the. Secretary of State- and Sam so convinced of the power which the Banks could exercise over the -general financial operations of __ trade here as well as in China and
Japon to enable them, if so.
-disposed, to make or profit out of the Mint after pigment of all changes that I think the subject should occupy their most serious attention. This Government how sought in all directions for support to the Mint- at Teking, Canton, Singapore and Japon_ and I cannot think of any effort possible for the Executive
to make which how been left untried. The Seignorage has been diminished
from
2 to 4 per cent and the privilege of coining subsidiary coinage at a discount of 7 per cent has been more
thou
مجھے
conceded.
Her Majesty's Treasury also hows not apprrently been able to afford much assistance and the Government of Singapore, which originally hoped. to and the Maint extensively hard only taken $ 30,000 in Subsidiary Coins-
The Banks never.
I helped thes Mint systematically - but merely sent occasionally Silver - generally defaced Foreign money- for coinage. Oven this was done very rarely and
4.
a
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