234
It is evident that the Throne has bestowed great consideration on this important question.
Now, the freedom of communication throughout the world renders this question of currency of still greater import than ever before. If we were to follow the rest of the world, we should adopt a gold standard. But if the present conditions prevailing in China be our guide, we should use a silver standard.
Moreover, if the principles underlying the development of currencies be examined, it will be found that between the extremes of copper and gold, there must always be the intermediary stage of a silver currency; and for these reasons, it is both right and suitable that China should now begin at first with a silver standard.
But although the adoption of a silver currency has been unanimously advocated, there has been by no means the same unity of opinion as to whether it should be a tael or dollar currency. The present memorialists have considered this point most profoundly, and from the reports of the Governors-General and Governors of Provinces, that eleven Provinces favour...
Page 234 appears to be the start of a discussion on China's currency, referencing the influence of global communication and the prevailing conditions in China. The text is likely from a historical document discussing the adoption of a silver standard and the debate between a tael or dollar currency.
...the adoption of...
It is evident that the Throne has bestowed great consideration on this important question.
which has been bestowed by the Throne on this important question.
Now, the freedom of communication throughout the world renders this question of currency of still greater import than ever before. If we were to follow the rest of the world we should adopt a gold standard. But if the present conditions prevailing in China be our guide, we should use a silver standard.
Moreover, if the principles underlying the development of currencies be examined, it will be found that between the extremes of copper and gold there must always be the intermediary stage of a silver currency; and for these reasons it is both right and suitable that China should now begin at first with a silver standard.
But although the adoption of a silver currency has been unanimously advocated, there has been by no means the same unity of opinion as to whether it should be a tael or dollar currency. The present memorialists have considered this point most profoundly, and from the reports of the Governors-General and Governors of Provinces that eleven Provinces favour
The original OCR output appears to be jumbled and contains nonsensical text at the beginning. The corrected version starts from the meaningful text discussing the currency question in China.
EES
.nóidelaneSN
234
arero i hr) Itom drenarevod sit to Ie/TomeM
-200 denoidan umoting a to noitesup end no {u'do uw
1
,ly-bar" sme1) „RoPramA of yovel Jaloeq” sɗT
.YONE T
he:09 "gchedwe? no gnoʻINT sr¢ bsattelromem grived
A ert IIe of navig sở binoda Joetis vend aniveII
odd dere bus patogent felonsamo srt to eeloIJ
outbont moteb vl besga ed biporis vonsyrup to mold
svecentlob og bebrrumos SISW 2tailBiromen treesng
.yaleb duoɗd iw nosnedd droger bre
vorsutum to noldberg end,enewe al snormit erð aA
-moditus deld and vd vihajnoget berebianoo need eart
bonger bre baden dasvet hre Jetige ert mi selt
.0514 Portue In jonivori orð IIs vd noqu
badd irrius meed baie over foodie eft no abestomem
ta'd-rim mery una miI-mav'NO ud,soutenire gredo vd
ow to Da (soven to bisof 9 yd as Ilow ba
oj tevo beboer enew,djes IMqA to serosd a rebnu
2 mol etenee ede bue Lionwoo Jaemme voð end
$160 Jeet sɗð viðngtoitte awoda sind IIA
do hiw
which has been bestowed by the Throne on this im-
portant question.
Now, the freedom of communication throughout
the world renders this question of currency of still
greater import than ever before. If we were to follow
the rest of the world we should adopt a gold standard.
But if the present conditions prevailing in China
be our guide, we should use a silver standard.
Moreover, if the principles underlying the develop-
ment of currencies be examined, it will be found
that between the extremes of copper and gold there
must always be the intermediary stage of a silver
currency; and for these reasons it is both right
and suitable that China should now begin at first
with a silver standard.
But although the adoption of a silver currency
has been unanimously advocated, there has been by no
means the same unity of opinion as to whether it
should be a tael or dollar currency. The present
memorialists have considered this point most pro-
foundly, and from the reports of the Governors-Gen-
eral and Governors of Provinces that eleven Provinces
favour
No comments yet.
Private notes are available after approval.