CO129-265 - Public Offices & Others - 1894 — Page 570

562

Sir,

Treas 20758

Strait

Hongkong & Shanghai Banking Corporation

31, Lombard Street, E. C.

cof, both letters

27th December 1894

22498

(cd 28 AT 4) We beg to acknowledge receipt of your letter of the

21st inst.

We do not think it necessary to provide that coins,

whether of the old or the new coinage, should be demone-

tized in Hongkong if chopped (to which place such a

provision would only apply) It is customary to chop

coins, and any restriction to doing so would be inex-

pedient.

In answer to your verbal enquiry about the least

current weight at which a new dollar should be legal

tender, as the question would only refer to small

transactions paid in dollars by count, we think 410 or

412 grains would be sufficiently low.

We are, Sir,

Your obedient Servants,

Knoble

Edward Fairfield Esq. C. M. G.

Colonial Office,

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