To what extent is the above mixed surrones adulted to the
peculiarities of Dong Tong & This can be best shown negatively-
1
pet It is impossible to maintain
from
America
a regular supply of it - as it is rreasionally exported in large quantities to India and occasionally imported in large quantities and cleewhere in the course The sudden fluctuations thus caused in the amount in circulation produce pequent variations in the
prices of
of trade.
Commodities generably, and the description
of
money constituting the bulk
币
the
Currence to also for the same reason.
constantly changing, greatly to the
↓
inconvenience of the residents..
2nd It is not current in China, In which son it is, locally, destitute
206
of that quality which constitutes the
whole extrinsic value of money, viz:-
the
power to exchange radile for all other commodities.
f
To be available for the purposes
trade it requires to be converted into Spanish dollars, which can ou'n be effected
by sale for export on by sale to the Chinese for melting; in citter ease it is withdrawn from enculation, and the amount in the Colony being this hipt constanty fluctuations, prices, in the Colonial Currener, have always been subject to corresponding fluctuations.-
Colony
1
It is true that the Chinese in the
for
other
now acceptit in payment Commodities, but never otherwise than by way of barter. Spanish dollars shopped dollars, being neccsiary to pare
for
their
importations
from
-
i.c.-
the muaintan
they neeept the Colonial currency, as
accept
LY.
DEC.
DEX