of the same value and accepted together in settlement of accounts. But the Yen is still comparatively rare here, and it is possible
that a short distance inland, it may be looked on with suspicion.
I have to (?) T. Watters, Acting Consul General.
The Humble
G.J.M. O'Brien, Esq.,
Colonial Secretary,
Hongkong.
Heils
in
کر بہار
Enclosure 4 in No. 16
Memorandum from Mr. M. de M. Brown.
Circulation of Japanese Yen
in
China.
The attitude of the Chinese Government towards the Japanese Yen is the same
as their attitude
towards the Mexican and all
other silver coins of similar size and value (e.g. Spanish, Peruvian, Bolivian, and American
trade dollars); that is, they have agreed to authorise and require the Taoutai Banks at the
ports to receive it in payment
of
Customs duties at its intrinsic
value to them, namely, for the weight of pure silver contained
in it, no allowance being made for mintage. I have ...
7.