2
3
lunuble opinion be only regarded as me of
h
negative character.
It is certainly true as
as the
they state that
Spanish dollars are the Standard of all mercantile operations in China; and that
there dollars are
locally
more valuable
Han Mexican dollars, rupees, or
British
so
mover. There has indeed been as great
a
difference
لامانة
twelve
per
cent the
Officers quote eight- it is now
-your- and
since I came here has been three the
ther
way
r in
Mexican dollars.
farms of difference of value does not
But this differencn of
E
mrise from
ally
intrinsic
inferiority,
British Silver
[excepting in the case of money and that to a small extent; - it
is really the result of caprice
conventional
uange.
In
fact
AL
a
Mexican dollar contains more pure silver than a Spanish Dollar of full weight according to the latest assay
reports pom
the Royal Mint 192 "I simplify the case, however,
"To
let the two discriptions of dollan be taken intrinsically at par like they are in
every other place, and it follows
that the Superio 斥 cruise
matter
DOS A
value assigned to Spaniel oollars in
are
China is wholly fictitions, that the difference chould be regarded premium in their case - not as diccount in the other; and that Spanish dollars
thus peculiarly the currency of Kina. It is obviouchy crroneous in both principle and fact to adopt aw ther view of the matter, particulary with reference to publie officers whore salaries are computed in Sterling money and not in the sumene of the countr where they may be anointed to serve, for therefore as regards the officers who have raised the
the present.