My Lord:-
TOKIO, April 1st, 1897.
I have the honour to report that the Coinage Bill, of which the draft was enclosed in my despatch No.44 of March 3rd, became law on the 26th by an Imperial Rescript, and was published in the Government Gazette of the 29th ultimo. No alterations were made during its passage through the Diet, but as the wording of the translation already forwarded to Your Lordship seems inaccurate in one or two places, I beg to enclose a corrected copy.
The amount of silver 1 yen pieces in circulation in the country is estimated at $30,000,000 besides those in the vaults of the Bank of Japan. It is supposed that the quantity that may be re-imported from abroad to be exchanged into gold is not likely to exceed $15,000,000 at most; this, however, is not likely to happen unless silver should fall sufficiently.
The Marquess of Salisbury, K.G.
&c.,
&c.,
Page 364
18000
309 97!
364
Copy.
Ng
My Lord:-
18000
TOKIO. 1 309 97!
April 1st, 1897.
364
I have the honour to report that the Coin-
age Bill of which the draft was enclosed in my des-
paton No.44 of laron 3rd, became law on the 2uta by
an Imperial Rescript, and was published in the
Government Gazette of the 29th ultimo,
No altera-
tions were made during its passage through the Diet,
but as the wording of the translation alread; for-
warded to Your Lordanip seems inaccurate in one or
two places, I beg to enclose a corrected copy.
The amount of silver 1 yen pieces in circula-
and
may be re-im-
tion in the country is estimated at $30,000,000 be-
sides those in the vaults of the Bank of Japan,
it is supposed that the quantity that
ported from abroad to be exchanged into gold is not
likely to exceed $15,000,000 at most, tais, nowever,
is not likely to happen unless silver should fall
sufficiently
&c.,
The Marquess of Salisbury, K.G.
&C.,
&C.,
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