China
110
he
a place destitute of internal resources, entirely its trade, its monied existence, cruel even the majority of its population from the connection with
reasonable expectation can be entertained of banishing the dollar from circulation or of rendering any
other commodity for a long period the standard medium of circulation. It follows, that although a fixed sterling value should be assigned by authority to the Dollar I call
practical requisites.
ton, centre of community with the opening right or wrong, of the Chinese frequenting the markets.
Man
110
Nanase European market.
dealings with the
engaged in dealings with the Rehabitants.
consequence being admitted, it is impossible to foresee, with any approach to certainty, what reception, an issue of British silver coin might find in Hongkong. but experience is almost uniformly opposed to
the probability of its being favorable. Republican
Dollars
193
Dollars continue after years of familiarity with them to be at a discount with a former issue, those of the old Spanish impression
some even
of
these
are
more esteemed than others differing from
by
and
largely
solely on their Rupees, when thrown into circulation to
any considerable extent,
are
valued at a rate generally below their worth, with reference to the Republican dollar and of course still lower with relation to the pillar dollar while there foreign
rawly
to
seen in commercial use - It is
I be apprehended that another
course are
are
therefore
I Ate Coin
would be received with such distrust
and perhaps be confounded with some of
value already known. Thus the half crown might easily be taken for half dollars, the shilling for the bill representing
sixpence for
the
same coin, or
for the quarter of the if not absolutely mistaken in point of identity very probably be reputed of the
value.
night
1
same
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