CO129-248 - Public Offices & Others - 1890 — Page 280

in the

Consignments in

year, & prefers

for quarterly amounts. Depe

I submit draft to Treasury

asking

that this might be reconsidered.

5.W.9.14/4

the reply to this Letter the followin

Eumber should be quoted.

TREASURY CHAMBERS,

5172

90

3446

Sir,

2 April 1890.

2659

19.30

I am directed by the Lords Commissioners of Her

Majesty's Treasury to request that you will inform Lord

Knutsford that They have been in communication with the

Deputy Master of the Mint on the subject of Mr Meade's

letter of the 27th February last relating to the subsidiary

coinage of Hong Kong.

The Deputy Master reports that so far as the exigen-cies of the Imperial coinage permit, the $1,000,000 worth

of these coins annually required, can be coined at the

Royal Mint but that much inconvenience would be saved

if, instead of five consignments per annum, quarterly

shipments of $250,000 each, to arrive in Hong Kong on the

first day of April, July, October and January, could be

substituted. It would also be necessary (as explained in a

Mint letter to the Crown Agents for the Colonies of 7th

August 1888) that the silver required for these coinages

should be supplied at any dates which the Mint may fix, as

that Department may be obliged to take up or set aside the

coinage for Hong Kong according as the demand for other

coin becomes more or less pressing

My Lords will be glad to learn that these proposals

meet with the approval of the Secretary of State.

X X X X

xx

"(50) Frank Mowatt

For recnainan of this letter ace

rual

6724 2/50

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