294
As to the question of deficiency of subsidiary coins, I used to say nothing about it as your Government has the matter in hand, but with regard to the rest of the question, I would draw attention to a despatch from Sir John Strachey, dated the 20th of November 1879. The fourth proposal therein made was for the issue by Government of $1 notes based on a specie reserve. I have to refer to the practical difficulties that would be necessary for the Hong Kong and Shanghai Bank to withdraw their issue of $1 notes.
294
An to the anty of
deficiency of subsidiary
coins, I used
say nothing
as your the toma
gerar
Government has the
rundy
hands i
in it
but with
magand
to the rest of
the question, I would
draw
attention
Z
& Sieten. Steike Bandhi's
dufle. W. 148 of ther
20th of nor. 1879. Then goth
proposal therein matte
for
issue by Gost
of Al note band in
a specie reserve
I
i affers to has
the the
брато
in only
& mat
lamy
prosul difficulties
You will mumember
that in the event of
the Gor! adopting that
Courne it would would
L
accessary
for the
Hong Kong a Shangare
Rank to withdraw
their imme of I noter
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