CO129-523-13 Currency situation 16-6-1930 - 16-6-1930 — Page 49

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

49

a buffer between gold and silver and divides the violent

fluctuations in their respective values into two lesser

separate fluctuations. This may in some circumstances be

advantageous; it may be a service for which Hong Kong gets

paid; but generally I think Hong Kong suffers from the

existence of this system.

2/9/20

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