CO129-173 - Sir Kennedy - 1876 [1-3] — Page 58

55

the

me Dollar Note ifone by $74,000 and thus bring the ipue up to $300,000.

2.

I met inform Your Lordship

that in accordance with instructions

freceived from You Lordship Derpatit nr. 21

a notice

ww

in

of the 31 et March 1875;"

sent to the Dangling

and Shanghai Bank to the effect that the then enculation of

$226,000 in One Dollar Mater was

not to be exceeded.

3.

For those Notes ming to

ompared wit

Ao

their portability the heavy and inwieldy Dollar

there has been

a

apecial demand,

which has not been confined to

знание

15647

Cloughing, and in consequence

local circulation has been 20 much reduced that the Bank

the

has recently been unable to supply the Conurnment Departement.

with the $5,000 of small

even

Balfor Noten required on the 1st Sa

Day of

each month, add to which the

!

inconvenience entailed by this einermistance has been ajet fincher

increased

the £10,000

by

the whanation of

of Subsidiary Coinage

imported in May 1878:

The remedy which Mr. Greig, the Manager of the Anglong

Shanghai Bante, enggests for this state of things

and

ja a

finite

المعه