But if he has to remit dollars to England for its purchase at the prevailing low rate of exchange which has been ruling for years now, he will find that the articles can be obtained in the Colony almost as cheaply as he can obtain them from Europe.
The price of European produce in Hong Kong would be much higher than it now is, if it were not that the great fall in the purchasing price of the dollar at home had been somewhat counteracted by a favourable reduction in freight.
(Signed) In J. Jennochy Acting Colonial Secretary. 10th August 1881.
Page 342
Sept.
But if he has to remit dallars
but the dile
a
to England for its purchase at the pe
Her by the
low rate of exchange which has 4,
been ruling for
سے
years
now at a ser
ho will find that the articles
can be attained in the Colony
almost
cheaply
as he can obtain
them from turoper
The price of teuropeen produce Hong Kong would be much
higher
the
now,
if it were not that
great fall in the purchasing price of the doctor at home had
not been somewhat counteracted
by a favourable reduction in freight,
(Ligned) In J. Jennochy Acting Colonial Lecretary. 10th August 1881.
༡
342
Sept.
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