in respect to this coinage I hat I cannot fail to observe that Mr. Wells' letter of the 26th June 1876 did bring to the notice of
the Colonial Govt the fact -
that the bronze token
a
supply of $6000
was
required for the Treasury
Chest, and that the reply from the acting Treasurer of
the 27th June virtually invited the officer in charge of the Treasury
chest to send in a tender for the amount required so that it appears to me that
your predecessor
was duly justified in assuming
as he states
in his despatch of
15 November that he did - that - It was not intended to take
advantage of the offer
which had been made to him as Assistant Military Secretary -
5. With respect to the
most important question
of the mode in which it
has been the practice of Hongkong Government
to distribute the coin's issue I observe that his Excellency speaks in one despatch
of a sale being made to the Hongkong Shanghai
Bank at exchange 4/3:3. and of Govt reserving
itself the right of regulating the time of the issue as judging by the state of Exchange may seem likely to be most favorable,» and in another of its
in respect to this coinage hat I cannot fail to thserve that Mr. Well's letter of the 26th June 1876 did bring to the notice of
the Colonial Gor! the face -
that the browng theat tegnin
a
supply of $6000
was
required for the Treasury
Chest, and that the reply from the acting Treasurer of
th= 27 = June virtually invited the officer in charge of the Treasury
chest to send in a tender for the amount required so that it appear to me that
6 your predecessor
was ... Aly justified in assuming
as he states
6
hii despatch of
15 November that he dich-that- It was not intended to take
105
advantage ofthe offer
Which had been made to for Assistant Militäry Secretary-
5. With respect to the
mat important question
ofthe mod in which it
has been the practice of 4. Hopking Govermas.
to distribute then.com's Isture that his A kansedy Speaks in one despatch
of a sale being made bothe Poongkong Shanghai
Bank at exchange 4/33. and of Govt reserving
41
5
itself the right of regulating the time of the issue as judging by the sake of Exchange may seem tartt likely bobe most favorabi,» and in another of its
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