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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