CO129-183 - Public Offices & Others - 1878 — Page 136

131

recognise

their value

I. Three measures ha aci

been proposed by the Colonial

Govcon incut in

meat in order

∙Gove.

prevent the

to

of

the first of these coils-viz-

1.

The adimpion to legal

ус

tender of the Japanese yen

2. The admission to legal

tender of

the

American Trade creation of

Dollar- 3. The creation

newt

Hongkong Dollar:

The first of the three

remedies

was not

generally

accepted, and may therefore be considered as put aside.

There

There

cache

technical

objectious

to the adoption of the second

which have been removed, and

if the community of Hong Kong still wish for it, there need be

a o

objection

Board, or

are the part of this

ou

of the Secretary of

Itale, to meet their wishes.

elly Fords. came

to the con-

-clusion, after consulting the

best au

authority

in this countr

Cocentris

that the third remedy-viz- |

the creation of

a need dollat, -

could not be adopted without

extailing expense, and probably heavy expense in

here

the Colony.

The