CO129-262 - Governor Sir Robinson Acting Governor O-Brien - 1894 [1-4] — Page 278

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1 therefore submit the present recommendation of the

Chamber to Your Lordship's "favourable consideration.

I have the honour to be;

My Lord Marquess, Your Lordship's Most Obedient

Kumble Servant, Williein Robunge

Enclosure 4.

RECE Per 6 MAR J4,

Chairman, Chamber of Commerce to Governor of Hong Kong.

sir,

Hong Kong General Chamber of Commerce,

Hong Kong 24th January 16u4.

I beg Your Excellency's reference to the letter

which I had the honour to address you on the 18th of July

1890.

In that letter I invited attention to the Report

or a General Meeting or this Chamber just then held to con-

siger the Local Currency question, and at whici: an unanimous

resolution was adopted that the Government should be re-

commended to make the Japanese Yen legal tender in the Co-

luny. It will also be within Your Excellency's recollection

that at the Same Meeting a special Committee was appointed

to consider the aesirability of coining & Critish Dollar

equal in weight and fineness to the Mexican Dollar, for

circulation in Hong Kong concurrently with the collar which

are now legal tender,

Since July there have been considerable changes

in the aspect of the monetary situation which caused the

Committee to alter the views then expressed in regard to

the Japanese Yen. Frominent among these is the possibility

of Japan duopting the Gold standard, and there are other

modifying circumstances which I need not particularize, but

Milch