they would accent other merchandise,
mly at a rate that will secure
them
from lose be
any
sudden
change
in
it's price in Spanish Dollars. Consequenth
the
prices of commodities are maintained at a much
much higher point
in the Suneng would
than the retual fluctuations price of the Colonial justify :- This is most severely felt "by those shares of the Community who can least afford it
measure of
M
3rd It is not practically the standard
value in the Colous; the contrary it has always bone a variable price in the real Standard, which from the founding of the Colony to the present day has been chopped Dollars. Within the recollection
of
the writer it's price in the real standard has ranged from five per cent pranium to twelve per cent discount.
4th
,203
It affords a double standard of
Gold and Silver, the cril: incident to
which
are too will Kuown to require
mention here, further than that the
me
aggravated in Houghong by the pret that the fluctuations in the relative value of gold and Silver are
greater than in
and
arry
tune
other
sudden in China
the world.
part of
5th It afford a triple standed offilver!
Nearly all the Sterling money
imported
limitations
was silver, and the Silver coins being all a legal tender, without the amount, they shouid cridently hour been made to uchange cach other at their intrinsic pars
which
مة عدة
follows, viz:-
English Liver 55. 125
#
pence per Dollar 24. 527 pence per Rupee-
Wheries the Sovernment pars as previouely stated are
50 pence per dollar.
22 pence per Rupee -
LY.
EX