CO129-019 - Sir John Davis - 1847 [1-4] — Page 228

蘧

Blue-Book will shew an increase in the

shipping.

arrived at Hougtong of $87

reccels as contrasted with 334 in the

former year; and 130,199 Tous in. tieu-

of 117.210 Trus in 1845.

A branch of the Oriental. Bank

is established here on a

very extensive-

; scale. It iscues notes of from 5 to 100-

Follars, and these

are

found- such an

the

creeedingly convenient. substitute for former system of paying sums by weight,

that the Chinese themselves readi

readily

receive and exchange them. Thould- this Bank be chartered, it is likely to prove of great benefit to the grueral-

trade with. China..

I have received from the Deputy Commissary General - a very favourable

of the circulation of the

recount

British Coin sent out by the. Treasury- He tells me it has proved extremely

223

useful for small payments, and that- even the Chinese have brought. Dollars to him to be exchanged. fr. Sterling - He-

is going to apply for

£10000.

of

more to the amount.

To judge by the augmented

number of respectable Chinese shops, the native trade and inderstry of this place

are on the increase

For

many of the products of Chinese manufacture_ it-

is no.

as

they here.-

longer necessary to send to Canton, can be procured equally well-

A check has been given to piracy in this neighbourhood by the capture_ and conviction before the Admiralty fourt of come Pirates, and by the delivery (on demand recording to Treaty) of others to the Chinese Government . One pirate

was condemned- and executed here in

January last, and three

more sentenced