28605
[July 25.]
6 AUG.
SECTION 1.
248
Sir,
2
Inclosure 2 in No. 1.
Viceroy Chêng to Consul-General Mansfield.
Canton, April 19, 1908. I HAVE the honour to acknowledge the receipt of your despatch of the 16th instant informing me that a despatch had been received from the Governor of Hong Kong on the subject of the excessive minting of subsidiary coin at the Canton Government Mint, in which his Excellency requested me in the interests of trade and coinage at Hong Kong and Canton to give orders for the restriction of the output of those coins,
The excessive number of small coins on the market and the discount at which they stand as compared with silver is no less prejudicial to commerce in this province than in Hong Kong, and I have instructed the Mint to substitute the coining of whole dollars in order to assist the circulation. Strenuous steps have already been taken to restrict the output of small coinage, and if, when this is accomplished, it is ascertained that the position of these coins is still at a discount, further measures can be adopted as circumstances dictate.
I am in complete accordance with his Excellency that this matter is one of mutual interest to both Governments, and I shall not fail to use my best efforts in the direction of reform.
I trust that you will be so good as to communicate this despatch to the Governor of Hong Kong.
I avail, &c.
NA TRADE
TAL
193]
No. 1.
Sir Edward Grey to Sir C. MacDonald.
190.)
Foreign Office, July 25, 1908. WITH reference to your despatch No. 241 of the 29th October, 1907, I transmit to your Excellency herewith a copy of a letter which has been received from the Board of Trade, inclosing a counter-draft of a Trade-Marks Convention with Japan, you should lose no time in presenting it to the Japanese Government with a view to its acceptance by them.
I shall be glad if you are able to obtain further from the Japanese Government a declaration similar to that appended to the draft Convention between Japan and the United States, the text of which was inclosed in your Excellency's despatch No. 115, Confidential, of the 13th May last.
I concur in the view expressed by the Board as to the advisability of obtaining from the Japanese Government, before any final conclusion is arrived at, specific information as to the precise amount of protection afforded by Japanese law in respect of trade names and hong-marks.
Count Komura is aware that the counter-draft is on its way to Tokio, and his Excellency has promised upon his arrival in Japan to give it his best attention.
I am, &c. (Signed) E. GREY.
(Seal of Viceroy.)
* Board of Trade, July 21, 1908.
[1844 bb-1]
Inclosure 3 in No. 1.
Sir J. Jordan to Prince Ching. Your Highness,
June 20, 1908. WITH reference to your Highness' note of the 8th May, on the subject of subsidiary coinage at Canton, in which I was informed that the Board of Finance and the Viceroy at Canton had been requested to take satisfactory measures, I have the honour to state that I am now in receipt of a further communication from the Governor of Hong Kong, in which his Excellency makes the proposition that, if the Chinese Government will guarantee that the minting of subsidiary coin in the two Kuang provinces will be suspended until the coins already issued by the mint of those provinces reach par, he is prepared to give a reciprocal guarantee that the Hong Kong Government will not issue such coin until the coins it has issued in the past likewise reach par.
It is to be understood that copper coins are included under the term subsidiary coins. The Hong Kong Government is treating its copper coinage in the same manner as its silver coins, that is to say, it is, and has been for some considerable time past, withdrawing them from circulation as well as discontinuing fresh issues.
I have the honour to request that this proposal of the Governor of Hong Kong may be taken into favourable consideration by your Highness' Government at an early date.
I avail, &c. (Signed) J. N. JORDAN.
28605
[July 25.]
6 AUG.
SECTION 1.
248
Sir,
2
Inclosure 2 in No. 1.
Viceroy Chêng to Consul-General Mansfield.
Canton, April 19, 1908. I HAVE the honour to acknowledge the receipt of your despatch of the 16th instant informing me that a despatch had been received from the Governor of Hong Kong on the subject of the excessive minting of subsidiary coin at the Canton Government Mint, in which his Excellency requested me in the interests of trade and coinage at Hong Kong and Canton to give orders for the restriction of the output of those coins,
The excessive number of small coins on the market and the discount at which they stand as compared with silver is no less prejudicial to commerce in this province than in Hong Kong, and I have instructed the Mint to substitute the coining of whole dollars in order to assist the circulation. Strenuous steps have already been taken to restrict the output of small coinage, and if, when this is accomplished, it is ascertained that the pusition of these coins is still at a discount, further measures can be adopted as circumstances dictate.
I am in complete accordance with his Excellency that this matter is one of mutual interest to both Governments, and I shall not fail to use my best efforts in the direction of reform.
I trust that you will be so good as to communicate this despatch to the Governor of Hong Kong.
I avail, &c.
NA TRADE
TAL
193]
No. 1.
Sir Edward Grey to Sir C. MacDonald.
190.)
Foreign Office, July 25, 1908. WITH reference to your despatch No. 241 of the 29th October, 1907, I transmit ur Excellency herewith a copy of a letter which has been received from the 1 of Trade, inclosing a counter-draft of a Trade-Marks Convention with Japan, you should lose no time in presenting to the Japanese Government with a view eir acceptance by them.
I shall be glad if you are able to obtain further from the Japanese Government a aration similar to that appended to the draft Convention between Japan and the ed States, the text of which was inclosed in your Excellency's despatch No. 115, idential, of the 13th May last.
concur in the view expressed by the Board as to the advisability of obtaining the Japanese Government, before any final conclusion is arrived at, specific mation as to the precise amount of protection afforded by Japanese law in respect ade names and hong-marks.
Count Komura is aware that the counter-draft is on its way to Tokio, and his ellency has promised upon his arrival in Japan to give it his best attention.
I
am, &c. (Signed) E. GREY.
(Seal of Viceroy.)
* Board of Trade, July 21, 1908.
[1844 bb-1]
Inclosure 3 in No. 1.
Sir J. Jordan to Prince Ching. Your Highness,
June 20, 1908. WITH reference to your Highness' note of the 8th May, on the subject of subsidiary coinage at Canton, in which I was informed that the Board of Finance and the Viceroy at Canton had been requested to take satisfactory measures, I have the honour to state that I am now in receipt of a further communication from the Governor of Hong Kong, in which his Excellency makes the proposition that, if the Chinese Government will guarantee that the minting of subsidiary coin in the two Kuang provinces will be suspended until the coins already issued by the mint of those provinces reach par, he is prepared to give a reciprocal guarantee that the Hong Kong Government will not issue such coin until the coins it has issued in the past like- wise reach par.
It is to be understood that copper coins are included under the term subsidiary coins. The Hong Kong Government is treating its copper coinage in the same manner as its silver coins, that is to say, it is, and has been for some considerable time past, withdrawing them from circulation as well as discontinuing fresh issues.
I have the honour to request that this proposal of the Governor of Hong Kong may be taken into favourable consideration by your Highness' Government at an early date.
I avail, &c. (Signed) J. N. JORDAN.
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