42

they

are ab

willing to accept the

Hongkong dollars in payment of Duties as the Mexican. They might indeed

be held bound to do so under their

different

Treaties with Foreign Towers

which stipulate equally that all

foreign

cain shall pap current in "Japan, and I have not heard of any instance, of their having declined the Hongkong dollar. On the point however of its current circulation, I should observe

that the use

as curr

urrency,

of storeign

has not yet

coin in

been

Japan effected

by the various enactments, issued with

"This view, as the people prefer their

our

the

one,

coinage to any foreign japanese Government not re

and

not unnaturally

2

shrink

from the resistance they would encounter, if they endeavoured to make

the acceptance of foreign coin compulsory at a fixed rate upon their people.

With the latter, such foreign as is current among foreigners trading.

coin

to their country, is always acceptable, but bullion, and its value

it is

ао

regarded

composed with native cain, is liable

you

are aware

to

execepive fluctuations. The perponice Government are doring all

in

their power, to equalize the value of native and foreign coin, and.

ता

they endeavour to promote the circulation.

of the latter, by receiving it as duties, In this respect they have proved

thumselves more

liberal than the

CH

e foreigners,

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