CO129-331 - Public Offices - 1905 — Page 301

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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MEMORANDUM

On the importance to be attached to the continued use of the British Dollar in China.

The popularity of the British dollar in the north of China may be attributed entirely to the practical immunity from tampering or counterfeiting secured to it by its superior workmanship and high finish. The native of the north, where foreign trade and the use of what may be called the foreign dollar, are of comparatively recent date, is not an expert in the detection of spurious coin. Its frequent occurrence in the case of the Mexican dollar has exposed him to constant loss, and the well struck British dollar was consequently welcomed from the first, wherever it had not to contend with deep-rooted custom and vested interests.

The case of a spurious British dollar has never come within my experience. The coin passes from hand to hand by tally alone without the application of

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MEMORANDUMOn the importance to be attached to the continued use of the British Dollar in China.The popularity of the British dollar in the north of China may be attributed entirely to the practical immunity from tampering or counterfeiting secured to it by its superior workmanship and high finish. The native of the north, where foreign trade and the use of what may be called the foreign dollar, are of comparatively recent date, is not an expert in the detection of spurious coin. Its frequent occurrence in the case of the Mexican dollar has exposed him to constant loss, and the well struck British dollar was consequently welcomed from the first, wherever it had not to contend with deep-rooted custom and vested interests.The case of a spurious British dollar has never come within my experience. The coin passes from hand to hand by tally alone without the application of
Baseline (Original)
iCopy.0.03372729519 SEP 05MEMORANDUM.On the importance to be attached to the con-tinued use of the British Dollar in China.The popularity of the British dollar in the north of China may be attributed entirely to the practical immunity from tampering or counterfeit se-cured to it by its superior workmanship and high finish. The native of the north, where foreign trade and the use of what may be called the foreign dollar, are of comparatively recent date, is notIts an expert in the detection of spurious coin. frequent occurrence in the case of the Mexican dollar has exposed him to constant loss, and the well struck British dollar was consequently welcomed from the first, wherever it had not to contend with deep-rooted custom and vested interests.The case of a spurious British dollar has never come within my experience. The coin passes from hand to hand by tally alone without the application of
2026-06-24 06:51:33 · Baseline
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19 SEP 05

MEMORANDUM.

On the importance to be attached to the con-

tinued use of the British Dollar in China.

The popularity of the British dollar in the

north of China may be attributed entirely to the

practical immunity from tampering or counterfeit se-

cured to it by its superior workmanship and high

finish. The native of the north, where foreign

trade and the use of what may be called the foreign

dollar, are of comparatively recent date, is not

Its

an expert in the detection of spurious coin.

frequent occurrence in the case of the Mexican dollar

has exposed him to constant loss, and the well struck

British dollar was consequently welcomed from the

first, wherever it had not to contend with deep-

rooted custom and vested interests.

The case of a spurious British dollar has never

come within my experience. The coin passes from

hand to hand by tally alone without the application

of

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