CO129-135 - Public Offices & Others - 1868 — Page 280

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

by for 4. Roberson in his despatch of March 20th 1853 - when submitting the proposal for consideration.

Independently however of this question, it would not be in the power of the Board to adopt either of the suggestions made by him with the view to a more general circulation of the Hong-Kong Dollar — 1st because there are no funds at their disposal out of which such a Loan could be advanced- & 2nd as the measures taken for the supply of the I. Chests abroad are in all cases such as are considered to be most favourable to Imperial interests, My Lords would not feel themselves justified in consenting to any arrangement unless it could be proved

As the reply to this Letter the following

Number should be quoted.

278

that it would be of benefit to the Imperial Exchequer.

The subject of the Military Contribution seems to be one which on its own merits should be discussed.

It remains therefore only to be considered whether a vote should be submitted to Parliament for the purpose.

Such a course could, in their Lordships' opinion, only be taken in the event of it's being proved to their satisfaction that the continuance of the mint at Hong Kong is of immediate and actual benefit to the commercial Community - So far, however, from any proofs being afforded of this, that Community would appear almost to have ceased to make use of it, although

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by for 4. Roberson in his despatch of March 20th 1853 - when submitting the proposal for consideration. Independently however of this question, it would not be in the power of the Board to adopt either of the suggestions made by him with the view to a more general circulation of the Hong-Kong Dollar — 1st because there are no funds at their disposal out of which such a Loan could be advanced- & 2nd as the measures taken for the supply of the I. Chests abroad are in all cases such as are considered to be most favourable to Imperial interests, My Lords would not feel themselves justified in consenting to any arrangement unless it could be proved As the reply to this Letter the following Number should be quoted. 278 that it would be of benefit to the Imperial Exchequer. The subject of the Military Contribution seems to be one which on its own merits should be discussed. It remains therefore only to be considered whether a vote should be submitted to Parliament for the purpose. Such a course could, in their Lordships' opinion, only be taken in the event of it's being proved to their satisfaction that the continuance of the mint at Hong Kong is of immediate and actual benefit to the commercial Community - So far, however, from any proofs being afforded of this, that Community would appear almost to have ceased to make use of it, although

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by for 4. Roberson in lies despatch of Parche 20th 1853 - when subuutting the proposal for consideration. Independently however of this question, it would not be in the power of thes Board to adopt either of the suggestions made by live with the new to a more pueral circulation of the tong- hong Dollar — 1.th because there are no hunds at their disposal out of which sucha Loan could be advanced- & 2nd as the measures taken for the supply of the I. Chests abroad are in all cases such as are considered to be most favourable to Imperial unterests, My Lords would not feel themselves Instified in consenting Trans arrangement unless it could be proved A the reply to this Letter the following Number should be quotcil. 278 proved that it would be of beveget to the Imperial Exchequer. The subject of the Military Contribution seems to be one which on its own should be discussed merits. It remains therefore only the considered whether a rote should be submitted to Parliament for the purpose. Such a course could, in their Lordships opinion, only be taken in the event of it's being proved to then satisfaction that the continuance of the muit at Hong Kong is of mimediate and actual benefit to the commercial Community - Po far, however, rome any proofs being afforded of this, that Bhave community would appear almost ceased to make use of it, althiough

2026-05-20 01:09:30 · Baseline

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by for 4. Roberson in lies despatch of Parche 20th 1853 - when subuutting the proposal for consideration.

Independently however of this question, it would not be in the power of thes Board to adopt either of the suggestions made by live with the new to a more pueral circulation of the tong- hong Dollar — 1.th because there are no hunds at their disposal out of which sucha Loan could be advanced- & 2nd as the measures taken for the supply of the I. Chests abroad are in all cases such as are considered to be most favourable to Imperial unterests, My Lords would not feel themselves Instified in consenting Trans arrangement unless it could be proved

A the reply to this Letter the following

Number should be quotcil.

278

proved that it would be of beveget to the Imperial Exchequer.

The subject of the Military Contribution seems to be one which

on its own should be discussed

merits.

It remains therefore only the

considered whether a rote should be submitted to Parliament for the purpose.

Such a course could, in their

Lordships opinion, only be taken in the event of it's being proved to then satisfaction that the continuance of the muit at Hong Kong is of mimediate and actual benefit to the commercial Community - Po far, however, rome any proofs being afforded of this, that

CO129-135 - Public Offices & Others - 1868 — Page 280

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