CO129-265 - Public Offices & Others - 1894 — Page 496

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

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Resort by Special Commett 22 of Hong K805

Cham

bar

We the undersig

Comm.

en tun

Hong Kay, 1817 and 1894

evere appointed a

pursuant to a resolution

monating of Commerce

Commit 22

J

an

special General

to renginize into ander report

The Hongking General Chamber

7

the desirability in the interests of tinde,

&

the commay of a British dollar apral in waughte

and fineness to the Inzxican dollar, for circulation in the Colony of Hongkay concurrently with

who legal tender "; and

The dollars which are

we have mat, after full expiring and consider-

пат, азерне ation to report as follows: –

We find that the mexican dollar and the

Hangkay

my Government dollar are the only legal

The Colony

and that the supply of

Fender in

mexican dollars in the London and American

chiefly.

diver

Silve

markets has very considerable diminished_ during the past six months. This in to the heavy fall in the sold price of.

saice the closing of the Indian munits to the free coming of

Linda & The

States on

Jilver

repeal of

on the 26 = /une 1893,

The Sherm and

Act in the United 31th October last, the mexican

Exchange has been unable to adapt itself to

The serious.

decline in the price of

Mexican dollars

silver;

continue &xtramely scarce

misufficient for the requirements of the Trade

of the Colony,

and thirre & was like Rihood ncrease in the supply cirkumstances. The semate

J

under present

of

Mexican

dollars har seriously reduced the circulating

BA

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