I understand that in 1879 but no copies of such a report have been received in this country, and from enquiries which I have made I have no doubt that none has been issued.
In these circumstances it is impossible to form an opinion as to the recent policy of the Japanese Government in regard to coinage, nor whether the issue of Yens is likely to be greater or less than past year.
I understand that the number of Yen coined in the year 1879-80 was rather more than 3,000,000, but I am unable to say from what source the silver used in this coinage was derived, nor what steps have been taken for replacing with subsidiary silver coin the paper-money now circulating at a greatly depreciated value.
I submit therefore that in the absence of any account of the proceedings of the Osaka Mint since July 1879, and of any assurance on the part of the Japanese Government as to the future, it could be unadvisable to entertain the proposal that further currency should be issued in Yen by making it a legal tender.
I have been given to understand that silver was coined in Hong Kong and Fremantle.
75
Page 75
(wo) ... to the ... given in ... Strong coin in ... W. Fremantle ... Stong đóng 3N
I
75
1879 but
received
in
no copies of such a report have been
country, and
this
from enquiries
which I have made I have no doubt that
has been issue i
none
In these circumstances it is impossible
to form
an opinion as to the recent policy of
the Japanese Government in regard to cornage,
nor whether the issue
greater
of Yens is likely to be
or less than past year.
Junderstand
that the number of yine corned in the year
Government as to the future, it could be unadvisable to entertain the proposal
that further currency should be
Yen by making it a bega
I have be
(wo)
в.
to the
given
in Stong
corn in
W. Fremantle
trong đóng
3N
1879-80 was
rather
--more
than 3,000,000
but I am unable to say from what source
the silver used in
this
cornage
was derived.
nor what steps have been taken for replacing with subsidiary silver coin the paper-money now circulating at a greatly depreciated
value
Isubmit therefore that in the absence
of any account of the proceedings of the Osaka Thint since July 1879, and of any
assurance on the part of
the part of the Japanese
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