50
present.
2.
be increased to a Million Dollars. $1,000,000.
a
In the despatch in question I proposed, and Your Lordship was pleased to approve, a regular yearly supply of Seven hundred and fifty thousand dollars. During the course of last year, a mistake in a telegram caused an extra shipment of Two hundred and fifty thousand dollars to be sent out, thus increasing the year's issue of Coins to One Million Dollars. This amount has not proved at all too much; indeed the issue had to be very jealously restricted during the last three months to prevent the great inconvenience which would have resulted from the complete exhaustion of the stock. We are now within a few days of the Chinese New Year, and though a balance of coin has been kept in the Treasury, this has only been accomplished by refusing a great many applications, especially from Chinese.
The large amount of building and other works, both public and private, going on in the Colony, naturally increases the demand for these coins, as Contractors and others need them to pay their workmen.
Probably
50
present.
2.
be increased to a Million Dollars. $1,000,000.
a
In the despatch in question I
vnit
proposed, and Your Lordship
Avas
to
pleased to approve, a regular yearly
of Seven hundred and
supply of
fifty$750,000.
of
thousand dollars. During the course
last year.
a mistake in a telegram's
caused an extra shipment of Tivo hundred $250,000.
and
fifty thousand dollars to be sent out,
- thus increasing the year's
to
issue
of
Coins
Million Dollars. This ount has $1,000,000.
an out
not proved at all too much, indeed the
issue how had to be very jealously
restricted during
the last three months,
to
great inconvenience which
to prevent the great inco
results.
from
-the completo exhaustion
the stock. We are
of
now within
a few
are now
days of the Chinese New Year, and ~
though a balance of.
con
coin has been kept
been
in the Treasury, this how only been accomplished by refusing a great many applications, expecially from Chinese.
The large amount of m
3.
building
and other works, both public
and private, going
on in the Colony,
naturally increases the demand for
these coins, as Contractors and others
need them to pay their workmen.
Probably
ཀན་
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