as much
half.
and
in
the
2
Li
a
as the customs dues.
case o
?
articles imported free,
1 1⁄2 per cent ad valorem
That is to
say
an article pays (say)
5 taels to get into China, and a further 2 1⁄2 taels to get into the
interior
of
China.
The contention is that
silver at the
Hung Chuang's given weight of ... day than when the existing tariff
was drawn up
is worth much less
so
that where
3 taels weight of silver could then
buy
as much as
... Sterling.
Now the English pound is
equivalent
to six or seven Taels.
The first point
that occurs to me
is why
this was not looked
into in 1888 when there might
have been a revision under the treaty.
But the English
forms stating ...
was not this ...
Merchants ...
How it has been masking this 40 years
in England would be ...
a revision,
Silver was not as low then as it is now,
but still in the ten years over this
it had fallen very much.
However
I do not see that it
has been used to
some extent
It can be doubted that
Chang has a good case.
When we have argued
against large increases
in salaries in your own colonies
on the score of fall
in Silver, we have generally
taken the line that the local purchasing power
of the dollar is
nearly as great as it used to be
and that the local produce enters largely into the cost of living.
But I do not on this occasion
have adopted Sir Mowatt's line of argument.
It seems to me that it may fairly
be allowed that China has a case.
If so,
it seems to me further
that it is expedient to
... the matter now and then
[Many words have]
... the question raised in
anticipation of
a revision in 1898.
There had better be a vision at once on
'98 or else a thorough
understanding that there shall not be
a further revision in
'98 by raising and understanding that the treaty shall not be
condemned by the
... of that year '87
a further revision in
'98 entirely till that date.
If there is a revision now, or indeed
in '98, would it be well to ...
as much
half.
and
in
the
2
Li
a
as the customs dues.
case o
?
articles imported free,
11⁄2 per cent ad valorem
That is to
say
an article pays (say)
5 tacts to get into China, and la further 21⁄2 taels to get into the
interior
q
China.
contention is that
silver at the
Hung Chaug's given weight of prevent day than when the existing tariff
Was drawn
is worth much less
up
that where al
3 taels weight of silver could then
buy
as much as an
Sterling.
38 equivalent
English found now the English pound
to six or seven Zael:.
is
The first point
is why
sugas so peng
*uofsung N
praying
But the English
that occius to me
forms starting com
was not this looked
When a
to in 1888 When there might
have been under the treaty.
hay
Merchand
How it Mist Masking dis 40 year
bin England woubly
ᏆᏙ
a revision,
Silver was not as low then as it is now,
previously it had
but still in the ten years ever this
much.
fallen very
now brought up
However
I do not sec, that it
L I do
It has theen used,
[m. Johnson hell's me, to
Some extent
EP
Can
reasonably Chang has a good case.
the cart
be doubted that di
Hang
When we have
augued
large
increases another to salaries.
which
in the
in your own colonies against
are inged on the score of fall
Silver, we have generally
value
of
taken
the line that the local purchasing power
the upch or dollar is
of the refice
nearly
as
great as it mind to be and that aremanded the local produce enters largely into the :005 of living, but I do not on this's we
generatin have adopted Sir Is Mowatt's line of argument
It seems to me that it may
fairly
126
be
allowed that China has case. If so,
it seems to me
further
that it is esclus
Ithinks Listing to finther at the matter now and then
[Many words has
wind the question recast in
now in anticipation a
A 1898. The
mypainting
There had better vision at once on
98. thorough
the
by raisins and understanding that the treshall not be
condended by the
wimming of that year 87
a further revision in
better stand over on
Further,
or else it had
98 entirely till that date. of there is a revision now, or indeed
98. Would it be well to tabro
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