CO129-132 - Sir MacDonnell - 1868 [8-9] — Page 370

4.

367

desputes as to weight and touch afford to Creditors and those in authority..

3.

The Merchants and Bankers being unable to use the Boushous Otkar in general kadal operations, the chopped Jollars or old "curreng of the Forth of China have risen to a fremium of about 10.-

Extracts of letters have the Managers of the Oriental Bank Corporation, the bong Kong and Thanzhei Stanking Corporation, and this Comptoir d' Escompte on this subject

are enclosed.

4.

H

may

be werged that

the stoppage of the Mint may

have been

a Came

for this depreciation,

but I do not think so, for, if

the

conjecture be correct that the Chinese Compradores and Thriffs dislike the Follars, because they are all of exactly the

same

description, this dislike would frobably be increased if the quantity supplied

5.

To

were greater.

long as the Chinese Government declined to receive

our Coinage at anything more than its

mere metallic worth. no permanent means of covering the minting Expenditure could be anticipated, and now when it seems probable that we