CO129-132 - Sir MacDonnell - 1868 [8-9] — Page 369

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

36%

from any frolonged attempt to Keep the Establishment Len. -

The Dollars riginally wind at the Mint were sent away in great part to the Straits Settlements

and to the Maintank of China._

At first they were

willingly acceftiú ab about their far value

as regards intrinsia, worth, but

latterly from reason, probably a combination of Compradores and Proffs, the highest Chinese Servants im Banking and Mircantile

Establishments) who find it less squeeze with there coins

some unforeseen

easy

t

than with others, which admit

of question and disfute, a difficulty has been experienced in dirculating them, and I am told that the

greater part have either been returned to the Colony, or melted into Silver._ This is a difficulty,

which I have all along pointed

out as

}

offering

an

almost

A

insuperable barrier to the circulation in chinn of highly finished and perfect coinage, because, if once made à legal tender, fayments to official persons and others, would have to be accepted by take without affording the present- ready means of squeezing which

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