being copper. Copper contraband of 100 he took in hand, & him about 7125 fem
There being 7000 piculs in the copper, & consequently about 120 piculs of 50 grs in a ton, the metal of Person cash, if entirely copper (the tin alloy being rather dearer) would cost merely 11 pence for every picul. And the cost of the freight,
120
only just £1½ (at lowest rate) in a ton
over
?
The Government has credited £4,000 to the Agents for the 74 tons (or 20 millions of piculs) of cash, assuming this amount more than sufficient for them. Their cost in Hong Kong,
as above
would be at least double
& not only could the local firm lose
delivered in Hongkong, could hardly be £400 by the transaction, but this less than 1d for carriage to piculs, &
1/
every
insurance
any
a
Colony would soon be left without cash if it comes in circulation, as it being
they would be bought or melted at
rupees or dollars for profit
of coming - or P. for every coin.
You then can such cash be for exportation, being
at 1000 to the Dollar,
a
lot
cent, which is worth not 1d
as some
at face
being of greater value as well, then