CO129-221 - Governor Sir Bowen - 1885 [4-6] — Page 357

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

356

I

which has already brou put before with the accection of the Treasury, whereby the Colonial Government itself should undertake the circulation of these crates against a bullion reserve! my duty to point

been you ...

"It now becours

out that, in the present state of the Colonial Revenue, the demands

of

upon it being

2.0

MACAO Tour auð

3 pressing, Sony

so conflicting, decay alicest s

bewildering, the heavy expose of ivering and maintaining notes is out of the question. The inconveniences

COTAKAL.

will remain, but it is the unanimou

opicion of theve best able to judge, that

they way

be uah diminished by

liberal and constaut

silver coin

3.

of coin, will not alarm either the Colonial Office or the Feasury. A nuest be clearly

borne in mind that it is

ble to

is impossible

flood Hongkong with there coins, as Colony

O

like 2 lauritiuw or Aylou night

be flooded with them. As fast as they arrive, they

ate

bought up and eat to

rapidly

to be

China, where they

becoming a popular and useful.

Coinage,

the only

one, except in copper;

that there is. There is not the least wi

sycupton of a ceration of the demand,

· of any limit to the aw mount of coin

that could be disposed of.

The

to avoid the inconvenience

a.

way

Consequent

supply of subsidiary

I burst therefore, that the Requisitions

I shall have to make for this description.

or a

only

scarcity of suall

Chinese

coin here at sich times

New Year

reserve

lo

te is always to have

fall back upon.

4. Two

H

of

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