CO129-173 - Sir Kennedy - 1876 [1-3] — Page 59

}

ì

56

isue of Sallar Note to the

extent of $74,000 and an

よ

early

importation of Subsidiary Comin

of Note

With regard to the ifue

мо

action can be taken

without You Lordship's cauction,

as

but so for Cimage

the Subsidiary

pecuniary

is concerned

long

The

provision for a fresh importation has already been made by the trammision of £10,000 to the Crown Agents, and so price of silver at home and the exchange have einntinue at thair present rates, this importar n from time to time be effected without loss, and the

tim can

& wann

demand for this Crinage

I

can be

satisfied as well in Canton and the Surchan Ports of C

Dengking;

6.

China

asin

M

I fear, however, that dependence can be placed upon

the hope that the

even balance

of the price of silan and the

enve

silver

of exchange will be

maintained with sufficient pleadi= nes to reduce fitive operations to

a

many

face

certainty, and the Government

at any time have to a possible los in the importation of Subsidiary Coinage.

7.

If any elep, therefore,

could be "devised by which the

"