N: 55.
Enclosure!
Conclosure 2.
Gng th
Pa
9522
-14 MAR +
GOVERNMENT HOUSE.
HONGKONG 19th. February, 1914.
326
Sir,
I have the honour to forward for the significe-
-tion of His Majesty's pleasure an Ordinance entitled:-
An Ordinance to amend the Foreign Silver and Nickel Coin
Ordinance, 1913: No. 1 of 1914.
2.
is also enclosed.
3.
The customary report by the Attorney-General
In the neighbouring provinces of South China the coin most commonly current is the twenty cent piece, issued
from the Canton Mint, and a very considerable trade between those
provinces and Hongkong is carried on in terms of this coin. In particular junks and small travelling traders take out goods from
the Colony in all directions and return with Chinese twenty-cent
pieces.
4.
Under the provisions of the Principal Ordinance,
No. 15 of 1913, the import and possession of these coins is pro-
-hibited except under licence from the Colonial Secretary, and it
was intended to control the import by means of licences issued, subject to conditions named therein, in that behalf. It was point-
-ed out at the time the Bill was under discussion in the Legislat-
-ive Council that in order not to hamper a legitimate trade it would be necessary to issue licences in very large numbers and subject to the fewest possible restrictions. levertheless it was
considered
THE RIGHT HONOURABLE
LEWIS HARCOURT, M.P.,
&C..
&C.,
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