235
favour the tael against eight in favour of the dollar.
T'ang Tach'en, in his Memorial, also favoured the tael currency; and from the point of view of national dignity it seems to us that we ought to try to stand alone, and that we cannot afford to throw away our sovereign rights in order to gratify the wishes of others; while from the point of view of the people we should follow a course suitable to the greater number, and not change a tradition of the country for the convenience of the open ports or trading marts.
This is as much a fundamental principle for our guidance in making the enactment to-day as it will be an essential factor for the future success of the measure itself: and as we have dealt with this point in previous Memorials there is no need to elaborate it further.
We now propose merely to present a few of the principal arguments on both sides in the problem of adopting a dollar or tael currency; the remainder either advocating the use of both concurrently, or proposing the introduction of a new coin of 7 mace.
-al sidd an enoïdï ede yd bewoteed need zad no frtw
noldasup daedrog
*
235
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the remainder either advocating the use of
both concurrently, or proposing the introduction of
a new coin of 7 mace.
T'ang Tach'en, in his Memorial, also favoured
the tael currency; and from the point of view of
national dignity it seems to us that we ought to try
to stand alone, and that we cannot afford to throw
away our sovereign rights in order to gratify the
wishes of others; while from the point of view of
the people we should follow a course suitable to the
greater number, and not change a tradition of the
country for the convenience of the open ports or
trading marts. This is as much a fundamental prin-
ciple for our guidance in making the enactment to-day
as it will be an essential factor for the future suc-
cess of the measure itself: and as we have dealt
with this point in previous Memorials there is no
need to elaborate it further. We now propose merely
to present a few of the principal arguments on both
sides in the problem of adopting a dollar or tael
currency
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