No. 4.
ENCLOSURE IN No. 7.
CANTON PROVINCIAL MINT.
Particulars of Output for the 33rd and 34th Years of Kuanghsü.
}
9
No. 9.
97
Copy of despatch from II.M. Minister, Peking, to the Governor of Hongkong.
PERING, 2nd March, 1909.
Sm,--With reference to my despatch of the 8th ultimo, I have the honour to trans- No. 5, 8 and mit herewith to Your Excellency copy of a memorandum which I have received from the 4. Waiwupu in reply to my enquiry on the subject of subsidiary coinage.
Kuangbsü 33.
Kuanghai 34.
I have, &c.,
Metal.
Value.
Coin.
No. of Pieces.
No. of Pieces.
Value. $
His Excellency
Sir F. D. LUGARD, K.G.M.G., C.B., D.§.Ú.,
30.
&c.
Gold
NH.
N'd.
Silver
Dollar
900,000
969,000
6,320,000
6,320,000
No. 10.
20 cent
24,554,000
4,910,800
15,668,000
3,133,600
No. 52.
NO.
Nit.
Nickel
Bronze
NII.
Copper
No Return Arailable.
No. 8.
N.
J. N. JORDAN.
Copy of despatch from H.B.M. Consul-General, Canton, to the Governor of Hongkong.
H.B.M. CONSULATE-GENERAL,
CANTON, 22nd April, 1909.
S-I have the honour to acknowledge the receipt of Your Excellency's despatch No. 44* of the 20th instant in which you enquire what prospect there is of a change of the Provincial Treasurer and of the authorities of the Canton Mins in the near future.
I have been unable to ascertain that there is any likelihood of a change in either of these departments of the Provincial Administration in the near future.
The Office of the Provincial Treasurer of Canton is a very lucrative one, and the present incumbent is popularly supposed to be endeavouring to retain it as long as possible. Nothing short of promotion to the Governorship of a Province is likely to induce him to resign his post and his prospects of promotion are, I understand, meagre.
Copy of Memorandum from the Waiwupu to I.M. Minister, Peking.
Translation.
Memorandum.
23rd February, 1909.
The Board have received a memorandum from Sir John Jordan enquiring, at the request of His Excellency the Governor of Hongkong, whether in view of the issue of a Decree establishing a tuel currency it is the intention of the Chinese Government to with- draw the existing subsidiary coins representing decimal parts of a dollar, and whether the output of the Provincial Mints will be under Central Control.
At the
In reply to enquiries addressed to the Board of Finance the Waiwupu have now received a communication from that department, wherein they call attention to the great importance of the question of the currency and point out that if a perfect system is to be devised it is essential that the subject should be considered in all its aspects. present time the Government Council are preparing a Memorial on the subject and as soon as the result of their deliberations is made known a detailed scheme will be prepared and general instructions issued. As regards subsidiary coins the Board of Finance point out that they have long been in circulation in all parts of China and not merely in Kuangtung. As soon as the whole question has been considered and a scheine decided upon a further communication will be sent.
His Excellency
THE GOVERNOR, HONGKONG.
I have, &c.,
No. 11.
HAROLD PORTER,
Acting Consal-Gineral,
Copy of despatch from the Governor of Hongkong to H.B.M. Consul-General, Canton.
No. 58.
GOVERNMENT HOUSE, HONGKONG, 20th May, 1909.
SIR,--With reference to Mr. Porter's despatch No. 52 of the 22nd ultimo, and to No. 10. previous correspondence on the subject of subsidiary coinage I have the honour to invite your opinion as to whether it may not be possible to settle the various points at issue in this matter between the Government of this Colony and the Chinese provincial authorities by direct negotiation between an officer of this Government and an officer deputed for that *Not printed.
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