CO129-331 - Public Offices - 1905 — Page 291

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FOREIGN OFFICE, K. 19 SEP 05

September 13th, 1905.

Sir:-

I am directed by the Marquess of Lansdowne to

state, for the information of the Secretary of State

for the Colonies, that his attention has been called

to the importance of the continued use of the British

dollar in China and to the possibility of its super-

session in that country by a specially coined Mexican

Trade Dollar, and I am to transmit to you herewith

a copy of a Memorandum by Sir J. L. Mackay, G.C.M.G.,

K.C.I.E., on the subject.

His Majesty's Minister at Peking was requested

to furnish a report on the question and I am to en-

close a copy of his reply.

You will observe that both Sir E. Satow and

the leading Managers of the Hongkong and Shanghai

Bank in China, whom he has consulted in the matter,

confirm the opinion expressed in the enclosed Memo-

Junk

ndia Office

Sept 1.1905

1-mackay march 17:05

E. Satow 221.

26.

6.1905

The Under Secretary of State,

Colonial Office.

randum