this means the great commercial emporium of Japan, Osaka (through Ito port Biogo) is brought into direct communication with this Colony and South-China. The issue of the Yen has also increased and it's extensive mintage seems to be well received.
9. With our increased Japan trade the inconveniences of our defective currency in Hongkong have seriously increased. At the beginning of this year, the managers of two of the banks, the principal European merchants, the principal Chinese traders and the Chamber of Commerce all urged me to declare the Japanese Yen current in the Colony. I enclose for Your Lordship's information a copy of the letter to this Government from the Chamber of Commerce asking me to take action on the subject. But as Sir Michael Hicks Beach's despatch of the 20th of November, 1879, had just been received by me, I felt bound to see how the existing state of things would answer, and I was also considering the other branch of the currency question.
10. Recently the manager of one of our leading banks assured me that, to his knowledge, week after week European merchants trading with Japan lose large sums...
6
this means the great commercial __ emporium of Japan, Osaka (through ito port Biogo) is brought into
direct
mmunication with this
Colony and South-China. The issue of the Yen has also increased and it's
extensive mintage
seems to be well
scoured.
9.
With
our
increased Japan
trade the inconveniences
of our
defective currency in Wonghong have
seriously increased. At the beginning
of this
orir
year,
the
managers of two of
banks, the principal European machants, the principal Chinese - traders and the Chamber of Commerel
all urged
Ane
to declare the Japanese
Yen
300
310
current in the Colony. I enclose
for Your Lordship's information
α
copy of the letter to this Government from the Chamber of Commerce ashing me to take action on the subject. But as Sir Michael Hicks Beach & despatch
1920 of the 20th of November, 1879, had just
been received by
me
19. felt bound to see how the existing state of things
would answer,
and I was also
considering the other branch
currexey question.
10.
one
of
our
of
the
Recently the manager of
leading
banks assured me
that, to his knowledge, week after ___
week European merchants trading. with Japan lose large (༡༦༡ ་ ་
Sund
by_
الية
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