The Law requires that any dollar declared legal tender be of equivalent value with the Mexican dollar, although it is well known that the British Trade Dollar is heavier than the Mexican dollar to the extent of 1 per cent or thereabouts. Even if the Law did not interpose an obstacle, it can hardly be doubted that the concurrent circulation of two dollars varying slightly in value would give rise to difficulties which would be avoided.
A British dollar coin, as suggested by the Chamber of Commerce, would be free from the special objections which attach to the Yen and to the American Trade Dollar.
Page 113
has been rewritten to meet the exact output format requirement as follows:currency.
The Law requires that any dollar declared legal tender be of equivalent value with the Mexican dollar, although it is well known that the British Trade Dollar is heavier than the Mexican dollar to the extent of 1 per cent or thereabouts. Even if the Law did not interpose an obstacle, it can hardly be doubted that the concurrent circulation of two dollars varying slightly in value would give rise to difficulties which would be avoided.
A British dollar coin, as suggested by the Chamber of Commerce, would be free from the special objections which attach to the Yen and to the American Trade Dollar.
Page 113
However, to follow the format to the letter as requested:currency.
The Law requires that any dollar declared legal tender be of equivalent value with the Mexican dollar, although it is well known that the British Trade Dollar is heavier than the Mexican dollar to the extent of 1 per cent or thereabouts. Even if the Law did not interpose an obstacle, it can hardly be doubted that the concurrent circulation of two dollars varying slightly in value would give rise to difficulties which would be avoided.
A British dollar coin, as suggested by the Chamber of Commerce, would be free from the special objections which attach to the Yen and to the American Trade Dollar.
Page 113
currency.
The Law
a.o
it
2tands
Selver dollar
Lender
mue
ua lue
requvies that an
any
declared legal
uch be of equv alext
with the mexican dollar,
w he a cas
it
is
well
kno
w wo
that
the
Lunde
Dollar is
the
heavier
f the two
to
the
extent of 1 per cent.
thereabouts
Even did
did the
Low
nat
interpose
obstacle
it can
doubled
an
handly
that the concurrent
113
ou
cireu la tion
of two
da Ua15
v as
ying
varging
rise
in value, but vary.
slightly would give rise
which would
avoided.
20
to
difficulties
he
better
A British
dollar coin
Do llar, is, a
d in England.
for circulation in Hong Kong;
as
suggested by the Chambor
would be free
of Commerces,
from the special objection
be
which
attach
to
the Yew,
aud
to
the American Grade
Dollar.
circulation
No comments yet.
Private notes are available after approval.