CO129-281 - Governor Sir Robinson & Acting Governor Major Gen Black - 1898 [1-3] — Page 212

comage.

com

It is also dubtless true that Haughing

continually goes out of the foling, more than it (or (anton coin) comes back, for the reasons given in parts th If those reasons

con

really

buc.

2.

for the Exit of the thing the only reasons,

then

not know that the risk of the coin coming back in unmanageable quantities

serins risk.

taught to try

is a

But what we want to stop (if it exists) is a wholesale Export of the coins mmey changers & the like.

;

we are not Arch

given any infras to whether any trade exists. Isuspect however that it does - Juice W.

Jacken says, Hongkong coins are much appreciated

in China.

that ther

(and the

Smith in

par. 50

On this promit Ishanuld like was muc to get more infor, and I will ask, M. Lockhart when

1

The comes to England

in a few weeks time.

It is to be noted that M.

Jackom is horrified at the revenne

into

of Canton being by their com getting

increased by their com Haughing, but he views with calen

satisfactio

the increase

of Hungking owing

Cetting

the revenue

the

to the thing

cons

in ever increasing quantities into Canton & other parts of China

Subject to any further light in the questim which I can get out of

Lockhart, I think

we shandt

tim filter ca

Ms.

the spite of the coin

to bang Insolang

the

2152-3000-6-97

to try to trace further the mysterions

Errc. 2

of ene

jacent

bounces of drainage referred to spar

2; also to explain why this

coin is specially out

lly appreciated located

Subsidiary

The Hang

intima, whether in

L

in China as equal to to "of Dollar, passing in fact like the similar Canton subsidiary.com;

and how

be

it comes about that it can

profitable to export the coin, ich as appears to be the case it is

article of commerc Exported

or whether it simply passes in

of trade, the ordinary course

part of the balance of trade in favour offing, which one would sufifuge would be naturally paid dollars, I not in subsidiary

of inferin fineness;

with this point

coin

in connection.

weshome I ask

whether thee balance of trade is

constants Chinawards

generally

(bohon that would throw light refun the probabilif or otherworce of

com coming

back a

then

again to the (olony).

C

I would also be will to ask for periodical (say weekly record for

Shaming year

a whole

otherwise at which the subsidiary Comi stand in Ikerry, show th with the dates marked at which

coin begins Each consignment of new coin to be put into circulation. Eduction table, of [such a table would throw some light ther question whether the drainage of com is regular and

M