104
1000=
not by weight.
a reason
This Bank gave against payment by weight, that the trade dollar being heavier than the Mexican dollar, payment by weight would result in more dollars being paid by weight than the number of dollars paid by count under the present currency system, which would be thought unnecessary.
The Hong Kong and Shanghai Bank would make the Trade Dollar legal tender. The Bank wanted to advocate the introduction of it, as a clean counted Coin, not one that needed to be weighed, only 990 dollars out of 1000 being of full weight.
It added, "It is absurd to require them to weigh them, the result being that they are counted, not weighed, but unfortunately though practically of the same purity as the present currency, there is still an argument against it."
The National Bank of India stated that it would choose the American Trade Dollar, if any addition were made to the present currency, because it is about one per cent heavier than the standard, and a dual standard of this nature would inevitably lead to endless complications in business.
The
104
1000=
not by weight.
a
reason
This Bank gave
against payment by
weight, that the
being
trade dollat
heavier than the mexican
dollar,
weight would
dollars paid
by
present currency
be thought necessary
The Hong Kong and Shanghal
Ban R
would
make the Trade Dollar
legal tender. The
The Bank wan
would
like to advocate the introduction
be found
und to number
"of it, as
a
clean
counted Coin,
་
only 990
dollars
and it added
!!
the proposal
"Icem
to-o
absurd to require-«-
to weigh them, the ro
"instead
of weighed, but unfortunately
"though practically
practically of the
" purity
I am l
the present currency,
" argument"
The National Bank of India
the American Trade
would choose
Dollar, if any
addition
to the
present
"
it is
about
"than
the
one per cent heavier
standard, and a
dual
of this
nature
would
to
Endless
"cut re ney
" inevitably lead
complications in business !
The
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