Baw
Wicers
Heuse
of Comme
money
the public functionaries, so
far from having any ground of
complaint,
of.
An
are in the
enjoyment
advantage to which they
not in principle entitled.
The
question of altering the
standard of value,
and dem
53
in the confusion arising from the arbitrary valuation assigned to different
descriptions of dollars)
it was
necessary
the valuation of other coins
to that standard, and,
to a
are
adjust
demonetizing
and the altered relative.
value of the precious metals, the
in paint.
of fact, awing eve hange
to the
Course
of
of
Coins
and if such a
Propos entertained th
My
were
sterling
and
the coins of the realm, in one
Her Majesty's Calome, is a very
serious
-sition should be entertained
of opinion that it must
are
he considered
data than
on
ALL
More
enlarged furnishes in Sir
John Bowring's dispatch. He refers to the arbitrary value given to the Sovereign; but British Sterling having been adopted as the standard of value, (and, at the time when
it
La as
only
adopted, affording the standard, which could be relied upon
calculations.
which Foreign silver
adjusted to contracts in have become falsified,
dollars represent
α
greater value
Co-11
Lusion
than the rate of 4/2, which has been assigned to them. The complained of arises therefore from
valuation of the dollar,
the under
rather than the over-valuation
and in the want
the sovereign, and in the adoption of
at
silver standard.
Hang Long, it would be
necessary
in
i