CO129-331 - Public Offices - 1905 — Page 296

No. 221.

C.O.

33727

IR- PEKIN, 19 SEP 05'

June 26th, 1905.

290

My Lord:-

I have the honour to acknowledge receipt

of Your Lordship's Despatch No. 72 of March 24th en-

closing a memorandum relative to the use of the Brit-

ish dollar in China, and the possibility of its being

superseded by a specially coined Mexican trade dollar.

Your Lordship desires me to furnish an expression of

my views and to state what importance attaches in my

opinion to the continued use of the British dollar in

this country.

Before replying to Your Lordship's despatch

I thought it would be well to obtain information from

the Managers of the Hongkong and Shanghai Bank as to

the estimation in which the British dollar is held a-

mong the Chinese, and I have the honour to enclose

copies of (1) a reply received from Mr. D. H. Mackin-

The Marquess of Lansdowne,

K.G.

&c.,

&C.,

&C.

toeh,