CO129-259 - Governor Sir Robinson - 1893 [5-8] — Page 360

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

Sir,

کام بیدار

Enclosure

X/

Mr. J. J. Keswick to Governor of Hong-Kong.

C.O.

14800

RECR(85)72

Hong Kong,

7th July 1893.

355

In reply to Your Excellency's note of the 5th instant, I have the honour to inform you that I submitted it to the Directors of the Hong-Kong and Shanghai Bank at the Board Meeting which took place at noon today.

The Directors and Chief Manager were unanimously of opinion after a full discussion of the question that it is extremely desirable that the Japanese Yen should be made legal tender in Hong-Kong, in view not only of the fact that it is already current in the Colony and in the Straits Settlements, but also because there is a necessity to legalize it on account of the possible curtailment of the supply of Mexican Dollars.

The history of the Yen has thus far been entirely satisfactory as to uniformity of value for melting purposes, which recommends it to the Chinese who estimate it only by that standard; and the supply being maintained it will be an exceedingly useful addition to the "legal tender" of the Colony.

In reply to the enquiry in Your Excellency's note as to whether the Government should take any steps in regard to the Chinese Dollar and Subsidiary Coins the

5

Directors

Page 360

Page 361

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Sir, کام بیدار Enclosure X/ Mr. J. J. Keswick to Governor of Hong-Kong. C.O. 14800 RECR(85)72 Hong Kong, 7th July 1893. 355 In reply to Your Excellency's note of the 5th instant, I have the honour to inform you that I submitted it to the Directors of the Hong-Kong and Shanghai Bank at the Board Meeting which took place at noon today. The Directors and Chief Manager were unanimously of opinion after a full discussion of the question that it is extremely desirable that the Japanese Yen should be made legal tender in Hong-Kong, in view not only of the fact that it is already current in the Colony and in the Straits Settlements, but also because there is a necessity to legalize it on account of the possible curtailment of the supply of Mexican Dollars. The history of the Yen has thus far been entirely satisfactory as to uniformity of value for melting purposes, which recommends it to the Chinese who estimate it only by that standard; and the supply being maintained it will be an exceedingly useful addition to the "legal tender" of the Colony. In reply to the enquiry in Your Excellency's note as to whether the Government should take any steps in regard to the Chinese Dollar and Subsidiary Coins the 5 Directors Page 360 Page 361
Baseline (Original)
: Sir, کام بیدار Enclosure X / Mr. J. J. Keswick to Governor of Hong-Kong. C.O. 14800 RECR (Red 29 'UC 9 Hong Kong, 7th July 1893. 355 In reply to Your Excellency's note of the 5th instant, Thave the honour to inform you that I submitted it to the Directors of the Hong-Kong and Shanghai Bank at the Board Meeting which took place at noon today. The Directors and Chief Manager were unanimous -- ly of opinion after a full discussion of the question that it is extremely desirable that the Japanese Yen should be made legal tender in Hong-Kong, in view not only of the fact that it is already current in the Colony and in the Straits Settlements, but also because there is a necessity to legalize it on account of the possible curtailment of the supply of Mexican Dollars. The history of the Yen has thus far been entire- ly satisfactory as to uniformity of value for melting purposes, which recommends it to the Chinese who estimate it only by that standard; and the supply being maintained it will be an exceedingly useful addition to the "legal tender" of the Colony. In reply to the enquiry in Your Excellency's note as to whether the Government should take any steps in regard to the Chinese Dollar and Subsidiary Coins the 5 Directors Page 360Page 361
2026-05-27 02:41:57 · Baseline
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:

Sir,

کام بیدار

Enclosure

X /

Mr. J. J. Keswick to Governor of Hong-Kong.

C.O.

14800

RECR (Red 29 'UC 9

Hong Kong,

7th July 1893.

355

In reply to Your Excellency's note of the 5th

instant, Thave the honour to inform you that I submitted

it to the Directors of the Hong-Kong and Shanghai Bank

at the Board Meeting which took place at noon today.

The Directors and Chief Manager were unanimous --

ly of opinion after a full discussion of the question

that it is extremely desirable that the Japanese Yen should

be made legal tender in Hong-Kong, in view not only of the

fact that it is already current in the Colony and in the

Straits Settlements, but also because there is a necessity

to legalize it on account of the possible curtailment of

the supply of Mexican Dollars.

The history of the Yen has thus far been entire-

ly satisfactory as to uniformity of value for melting

purposes, which recommends it to the Chinese who estimate it only by that standard; and the supply being maintained

it will be an exceedingly useful addition to the "legal

tender" of the Colony.

In reply to the enquiry in Your Excellency's

note as to whether the Government should take any steps

in regard to the Chinese Dollar and Subsidiary Coins the

5

Directors

Page 360Page 361

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