CO129-039 - Sir Bonham - 1852 [1-12] — Page 211

To what extent is the above mixed surrones adulted to the

peculiarities of Dong Tong & This can be best shown negatively-

1

pet It is impossible to maintain

from

America

a regular supply of it - as it is rreasionally exported in large quantities to India and occasionally imported in large quantities and cleewhere in the course The sudden fluctuations thus caused in the amount in circulation produce pequent variations in the

prices of

of trade.

Commodities generably, and the description

of

money constituting the bulk

币

the

Currence to also for the same reason.

constantly changing, greatly to the

↓

inconvenience of the residents..

2nd It is not current in China, In which son it is, locally, destitute

206

of that quality which constitutes the

whole extrinsic value of money, viz:-

the

power to exchange radile for all other commodities.

f

To be available for the purposes

trade it requires to be converted into Spanish dollars, which can ou'n be effected

by sale for export on by sale to the Chinese for melting; in citter ease it is withdrawn from enculation, and the amount in the Colony being this hipt constanty fluctuations, prices, in the Colonial Currener, have always been subject to corresponding fluctuations.-

Colony

1

It is true that the Chinese in the

for

other

now acceptit in payment Commodities, but never otherwise than by way of barter. Spanish dollars shopped dollars, being neccsiary to pare

for

their

importations

from

-

i.c.-

the muaintan

they neeept the Colonial currency, as

accept

LY.

DEC.

DEX