CO129-367 - Acting Governor May - 1910 [6-7] — Page 518

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

YO

legal tender and will be received only at their value as

bullion.

516

To à01 .of mangelst yn of someïnter driv

nottafanand a dimmand of rponod odt svæď I

sɗd na raffob tevila sit gutriatlɗadae motos¤ Lalregni eris to

diłw redtogos,sniqi sasatɗ” oɗt tuodquordt vonornuo to timu

betoetorg adt of brazer at anottalugof edit to noitalensít a

bna sonant¶ to bisoƐ erit eð baunal yonetwo ed: to motor

to Jinu arź zadt neon ed IItw 3I .90708C add yď bonoltonse

anestaboso owt bas aɔan never to Tallob æ eď of al ConsïIwO

- rallob nsofæek #neneng end - Cor? anlatz dik of Isupe„Jilgiew

and has svit-yšnow? «Eƒtit to revile at matoo visibładuæ fidiw

svit (Jnea ano,atnes owd to Boa sineɔ evit to feżała mi,aźneo

Lactoob od ot saso has atnes eft to eviar odit,dasɔ ono bra damo

BEKKEKİK GÜT .boxit vitnenstieg brs rallob add to anoitrogonq

srir totovila sing to 0.0 ad of el tallob odt to uzenenit

dano med ect to baa 8.0 assetq taso #vit-včaswt bas y*11

raqqon bra Lexata odd to aɛenenit bas #dglow off .28.0 aooolq

ed of era antos wen seent .ïetai me beblash od of si agantos

dotresnanit to videinik edt to notelviaqua add Tobru hatalm

delw ariotaoo yorit tart galoon to garb od d? '♥ begrado ad IItw

od lliw anlos won ad? .mglaob has viinuq,triplew at brɛbnste art

oldalievo of viqque daoiolt`ve a ɛɛ node ɛa notteluonto otal duq

10% siɗtanoquer en of at fas? Jaermtevoð getið s" erit bne

won Bild of amojaya Vistenom bio mud mort sgnario erit gal÷ostte

OJ SIG[[WYTBve Tebnej Layel ed Lilw na!Iob won oft .yonGTIVO

¿qoox» sysnioo visibladna edit on Jon Jud Jnarorts be † Emi Iru! ne

Tot nedonand att to eno to Xnaf insectievoð edt de beretto nerfw

matk da beynimdoxa ac. ILiw ± ɛnios gultzize elldwiæell .synacoxs

wiło mort zweibrit tw od vifcubang !IIw bas enlav Jaxtam “lent

di meriw total bexit eð oð etab alstreo xxxx » iltru,moldalus-

at eď LItw antoo won and to recewa dnelol”wa a tarit begod at

eft bra astrub hus aexst IIs To Jnariyaq erit teen of moldafvorto

ed of eered nedd LIlw antos hlo srit hae,sband to adname "lupar Logof

Chambers of Commerce are to be asked "to

give lectures explaining the gist of these Regulations, that all persons may know that this reform of the coinage system is designed for the benefit of the merchant and the general public,

and by abolishing the irregularities that have prevailed in the weight and valued of the various coins, to take the first

steps towards the reform of the finances of the country",

The Regulations contain strict

and detailed provisions as to the limit of tolerance between

the actual and legal weight and between the actual and legal

degree of fineness of the new coins; their deterioration

through use and wear; the right to refuse coins wilfully damag-

-ed; the limitation of the amount of the subsidiary coins to

be minted; the rates of exchange between the old and the new

currency, and the assaying and control of the coins issued.

The minting of all coins now in circulation

was to cease from the date of the publication of the Regulations

and I understand that simultaneously all the Provincial Mints

now existing are abolished, and that the minting of the new

coinage will be undertaken by the General Hint at Tientsin, cer-

-tain existing Mints such as those at Hankow, Chengtu, Hukden,

etc., being made branches of the General Mint to assist in the

issue of the new am currency.

The currency decree and the Regulations

would certainly appear to indicate a serious determination on

the part of the Chine se Government to deal in a practical

manner with the reorganization of their financial system, the

necessity for which has so repeatedly been urged on them both in the interests of foreign commerce and of the stability

of Chinese credit and it is to be hoped that steps will be

taken without undue delay to put the proposed measures into

practical effect. The vested interests of innumerable officials

and

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.