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between England & China. Dollars, which the Commission from 1844 to 1850 could raise in Way. Koy by sale of bills the Treasury, at 4/2d. _ in the bullion gear began to cast a good deal more, & for the last 5 years they home cost the treasury against Dollars in the local market, and long as this lasted there was only inconvenience _ & not positive loss to public servants & others in being paid in British money, instead of Dollars, as in Fr & Potts' time. But by & bye came the discoveries of gold; the rise of silver from 4/1, a 50% to 5/1½ a more in the London market; - & the great flow of the great demand for silver in the East a great rise in the rate of Dollars in hand- & still greater in the cash sales.
Along with all this disturbance absolutely dependent on it - came a Radical fall in the value of the British money, current in Hong Kong. where 4½%? 4/5 - sometimes 5£. or more have been paid for
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