1
.&
(To accompany 3.)
Mr. Max Muller to the Foreign Office.
Peking, Sept, 10th. 1910.
No.512.
Sir,
667
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mon? rub somet na to Tobialaient ent nalw noridepod vijetna
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Ik zen.D... (bn)
gorelleox. pl.
, VAN..H 2
.08
.04
270487
In a despatch to the Secretary of State for the Colonies
No.242 of July 29th last, on the subject of the new Chinese
currency, a copy of which was forwarded to me, the Officer Ad-
ministering the Government of Hongkong made certain suggestions
with regard to the manner in which the issue of the new currency
should be carried out and in particular asked for information as
to how the Chinese Government proposed to deal with the Hongkong
Subsidiary Coinage now circulating in China.
As the regulations issued by the Board of Finance,
translation of which I had the honour to enclose in my despatch
No.188 of June 3rd., are in many respecte ambiguous and lacking
in detall, it occurred to me that the natural interest taken
by the Hongkong Government in the question of the reform of the
currency in South China, afforded a good opportunity of endeavour-
ing to obtain from the Wal Wu Pu some more definite information
on the subject. I accordingly embodied the points raised in Sir
F.H.May's despatch in a memorandum to the Board, copy of which,
together with translation of their reply, I have the honour to
enclose.
The Wai Wu Pu's memorandum does not, it will be seen,
add much to our knowledge as to how the Chinese Government pro-
pose to cope with the financial difficulties attending the sub-
stitution of the new coinage for the present depreciated currency.
I have etc.,
(sd) W.G.Max Muller.
(See enclosure to 2.)
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