Sessional_Paper_1899 — Page 584

HONGKONG.

REPORT OF THE SUBSIDIARY COINAGE COMMITTEE.

Laid before the Legislative Council by Command of His Excellency the Governor,

581

No. 88

33

99

HONGKONG, July, 1899.

SIB,

We have the honour to report for His Excellency's information that we have discussed the question of Subsidiary Coinage and have passed the following resolutions, viz.:-

(1.) That an ample supply of Hongkong subsidiary coin be always kept in the Colony; and (2.) That, in view of the fact that Hongkong subsidiary coin is the only legal tender, restric- tion or prohibition of the import of subsidiary coin from the Canton Mint is unnecessary, and, in our opinion, impracticable.

We have the honour to be,

Sir,

The Honourable

THE COLONIAL SECRETARY,

&c.,

$&..

He.

Your most obedient Servants,

A. M. THOMSON,

Chairman.

T.

JACKSON.

J. THURBURN.

R. M. GRAY.

Minute by Mr. WHITEHEAD.-What is the weight and fineness of Canton coinage? If inferior, should any recommendation be made? I agree to the Resolutions but think we should go further.

T. H. WHITEHEAD.

18th July, 1899.