complained of by the Memorialists is the same whether the notion from which it results be founded on fact or fiction. The third establishes a point contended for by the Memorialists themselves, and being granted it is againet Mor Smith's second conclusion; for the standard measure
measure of the country, that
is the
Common measure
with which all are most familiar, and all difference from it must be measured by relation to it. As it would be a manifest departure from the common forms of speech to say in England that the pound sterling was at so much discount with reference to the Spanish Dollar, so in Hongkong
it sems to me to be a like perversion of language to say that the spanish dollar is at a premium with reference to the pound sterling. It is unnecessary
to restate what the Memorialists "have shewn, that the currency of China
me
O
A
بھو
is the currency of Aonghong-
2.
197
It is time that Government Salaries
"are computed in Sterling money; but
་་
originally it was not so, and such ___ computation is now made for the convenience of the Home Treasury;
nor is
no
a change in this respect required, though it by means follows that these salaries must it is more be paid in sterling money
natural and reasonable that they - chould be paid in the currency of the country, and in this they were paid___ until the Commissariat Officer, thinking to move in a day the prejudice of years, introduced a quantity of British and
Indian money:-
Since that time
inconvenience has resulted to the
whole Community, and to Government Servants lose in addition_
LY.
EX
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