122

silver still used

C

change in the

C

- neighboring Provinces. Even the copper cent coin connects, for the colony in England

which

and on

nett profit of 20 per cent at least

was expected

are now at 35 per cent

discount, independent of heavy charge for the freight and manufacture, as they were rendered from England.

59. On the whole I incline to the

opinion, that, even if efforts

now

that the Hongkong

more silver, that is

dollar

unless

unless it's it costs more

it

contains

to

manufacture it than the Mexican will

secure

present

any preference

over the latter. At

from its general

China

the Mexican coin from its

...

well

recognition in Japan is at a premium of nearly

over

some

per cent

the Hongkong dollar, which itself maintains here a premium of 12 per cent

being

over

made succeed in procuring the recognition

and

acceptance by the Japanese Government of the Hongkong Dollar the Mexican

will for many years

#

be manufactured

cheaply than

laid down here more

the former

can

be

produced, whilst there

reasonable ground for supposing.

is no re

its intrinsic worth.

60. At the same time so

many

elements

of uncertainty caused by varying Exchanges

and the shifting mercantiles of commerce must always enter into

a decided calculation of this kind that should pretend to form

to almost Judgment

any

result

CH

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