2
3
11
Zeipatch from the merchants
Shanghai in from of
such an
establishment was forwarded
as
a
local corroboration of those
general views which from time to time I have submitted to the
consideration of Ster Majesty's Goverment. The importance of Shanghae (whose Import and - report Trade last
year
amounted
to Twenty Six Millions Sterling)
I gave great value to its
opinions on
any question connected with the
Chinese
on
currency, which is at
this moment in a most
anomalous and unsatisfactory state, for while, as Mr. Wilson
remartes, Canton (to which may be added Amoy and Forchow) have adopted the American Follar, _ the
far
more extensive interests at
Thanghae have repudiated it and taken the Tuel of Sysee Silver the unit of buchange. This Fael has replaced the Carolus
مان
Follar and
mny
of the field,-
retain possession
ne Dollar
until some
universally acceptable in China- which I believe a Victoria Follar would have been, shall become the general medium of Ruchange in the Ports with which foreigners
trade.
In reply to Mr. Wilson's remark