CO129-182 - Governor Hennessy - 1878 [9-12] — Page 106

182

Dollar could not be laid down

in Hong Kong at the same price at the mexican doller, and the

was this time resolved question wits the proposed legalization other American trade dollar, which appears to have received more favour sumong the local merchants than the Japanese comes, although they do not seem

to be altogether

averse to than

latter if no other solution

the difficult

can be found.

of

the stage at which the matter. how stands is as follows. An the 20th of september last we wrote to the Chartered mercantile 5492 Back of Judia, Contion & China,

with which we had before been

Treas

in direct communication, sending

them

a copy of Mr. Fremanther

¢

two minutes in which he shemed

The Estimated cost of a British

dollar to be so great as to but

of

the proposed post production

such

coin out of the question. We

outof

therefore asked the Bank for enggestions, copecially with regard of the proposed legalization of tr "American Trade Dollas, on

basis

laid down in

thu

Letter of 23 Feb. 77 (Curly) wig?

629

that it should be clean, not

less than 415 gro. in weight, and Gotais para 900 fine.

To this litter, we

have had no

reply. At the same date a copy of

the litter to the Bank

!!