CO129-346 - Governor Sir Lugard - 1908 [1-3] — Page 109

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Government. It is noodless for me to reiterate statement of the

hardship

inflicted on the population of the Two Kwang and of

tlis Colony by the depreciation of the small coinage which is

caused hy over-igsue, and of the injury to the trade of the two

countries due to the same cause; but it may be well to remind

the Chinese Government that the steps which this Government has.

taken and is still taking for re-habilitating its subsidiary

coinage will be neutralised unless the Authorities of the Two

Kwang Provinces co-operate in the direction now desired.

3.

In this connection I have the honour to

acknowledge with thanks Your Exoellency's despatch of January

8th., enclosing copy o a despatch to Sir Edward Grey on the

subject of currency reform in China.

I have the honour to be,

gir.

Your Excellency's most

obedient servant,

B. D.Lugars,

Governor, &0..