CO129-068 - Sir Bowring - 1858 [5-12] — Page 12

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Zeipatch from the merchants

Shanghai in from of

such an

establishment was forwarded

as

a

local corroboration of those

general views which from time to time I have submitted to the

consideration of Ster Majesty's Goverment. The importance of Shanghae (whose Import and - report Trade last

year

amounted

to Twenty Six Millions Sterling)

I gave great value to its

opinions on

any question connected with the

Chinese

on

currency, which is at

this moment in a most

anomalous and unsatisfactory state, for while, as Mr. Wilson

remartes, Canton (to which may be added Amoy and Forchow) have adopted the American Follar, _ the

far

more extensive interests at

Thanghae have repudiated it and taken the Tuel of Sysee Silver the unit of buchange. This Fael has replaced the Carolus

مان

Follar and

mny

of the field,-

retain possession

ne Dollar

until some

universally acceptable in China- which I believe a Victoria Follar would have been, shall become the general medium of Ruchange in the Ports with which foreigners

trade.

In reply to Mr. Wilson's remark