Peking, Jan. 15.
It is understood that the Government has decided to establish the head mint of China in Chinese territory at Shanghai close to the International Settlement, under the direct control of the Currency Commission, which has appointed a committee of eight to purchase the ground and make the other necessary arrangements.
The mint will be of enormous capacity and fitted with the latest appliances. Engravers and other foreign technical assistants will be engaged and the methods employed will be the most up to date. Banks sending silver to be minted will know the exact amount of coinage and the time when the coins may be received, the mint [ill merely charge seignorage and will not Gtheswise concern. itself with the question of market values. It is estimated that the mint will turn out dollars in a year's time.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.