CO129-129 - Sir MacDonnell - 1868 [1-3] — Page 440

com

mmunity in reference to undertaking the cost of maintaining the Maint, I

have

now to add that,

I have received a

Ob

I then expected, Wide Tra

communication from

the Moanager of the Hongthing and

of No 460.

Shanghai Bank...

on

the part of

the Directors of that barporation offering

438

3. Youn Grace

Hongkong

and

will perceive that the Shanghai Bank offers.

to pay for the use

dollaro per

annum

the

of the Mint 10,000`

for five years.

certain.

caining power of the Mint being. kept up by Govemment to from $22.000

to $25,000 per

diem. which limited power

tto take

Jonw

the Maint for five years

the conditions stated in the enclosed

letter.

offer

$2. That is the only attempt to Save the Mint which has been made

by any Corporation or individual; for. reply has been yet received from the Oriental Bank to the Circular which, stated in

sent to all the Bankers...

my despatch No 460,

was

пло

might be continuously maintai

maintained with

over the

that

the present staff at somewhat

explain

$60,000. I have also to whether the annual expense of maintaining

the Maint

Avas

to fall

fall off.

or to exceed

the $60,000. The Bank would as the

Manager informo

as

to ware

paying in any

ame

actual

have been prepared

to not

more than the

me

the 5th condition

year

expenses of the Maint. Such

سل