Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-12-19
THE TRADE L Z

The new Trade Dollar has been re-
cognIzed by the Chinese authorities at
Canton by proclamation. Through
the efforts Of B. Robertson, Consul at
Canton. a joint commission was ap-
polluted to superintend the assay Of
this coin, and upon the report Of this
commission = proclamation was pub
lishsd- notifying all classes OF its &C.
ceptance In payment Of. duties and for
general use at Its Intrinsic value Of
1851 In pure silver. This will be
good news for our Governmentas prov
Ing that the object OF the Trade Dollar
u fast being attained. As we Ihave
before stated the object OF the Trade
Dollar was to superssds the Mexican
Dollar In our China trade. It was,
therefore. made to exceed the latter
slightly In value, being worth l-14th
per cent. more than the new and about
IN per cent. moro than the old Mexi-
can Dollar. A great dem,nd for this
coin may now be looked for within a
few months, and = consequent rise In
pure silver to DO used In the coinage Of
this new coin.
A. a specimen Of the style Of Impe-
rial proclamations In China, we pub
lish the official edict IN this matter,
which We tahe from the columns OF
the Ana-C California. It Is somewhat
unique as we'll as imperious
PROCLAMATION
Jul, Grand Secretary Of the Wen hua
tien, President Of the Board of
War, and General Of the
Two Kwang Provinces:
| Chang, Vice. President OF the Board OF
War. and Governor Of kwang
Tung
| Wen, Superintendent of Customs for
the Canton Provinces.
Issue n Proclamation for general In
formation
Whereas, the foreign silver (coin) In
| daily use among the people Of the
| Kwang Tung Provinces, has long been
In circulation, aud Is moreover all
mitted to be advantageous and coll
yenient. In the 9Th and 11th years OF
Tung Chich llSG6 aud 1879 the Hong
kong Mint coiued y new Dollar which
upon comparison with pure silver. bore
a proportion of fully ninety per cent,
and as the records will prove, pro-
CARNATIONS were Issued notifying the
people that 1t might come into general
circulation. There has lately cOunc to
Hongkong a newly coined American
Eagle Dollar, called the Trade Dol
lar" and Sir Brooke Robertson. the
British Consul, having requested thai
officers might bs appointed to assay It.
the VicerOy and lIalkwan thereupon
appointed officers to melt It down AID
assay It, In concert with an officer
from the British Consulate when. tax.
ing the Haikwan rael Of pure silver u:
the standard. All outturn was obtained
of fully 50 6l-or Taels ILL., OF this
new Eagle Dollar are equal to lou
Haikwan raels Of pure silver. Minutes
OF the assay were drawn up In proc
thereof.
Fur the convenience of traders and
people, therefore, this coin should be
allowed to be rendered Ia payment oil
duties at the rate Of touch obtained al
the assay, and to come Into daily cir.
culation. 1t becomes the duty then oil
the Viceroy aud his colleagues to issue
a proclamation on the subject tor gen
eral information.
This proclamation, therefore, Is for
the information of you merchants,
traders, soldiers and people OF every
district. You must know that the
Eagle Trade Dollar" that has lately
come to Hongkong has been Jointly
assayed BY officers specially appointed
for the purpose. and it can be taken In
payment OF duties. and come into gen.
ersl circulation. You must not look
upon 1t with suspicion. At the same
time rogues, sharpers and the like, arc
hereby strictly forbidden to fabricate
spurious limitations Of this now Eagle
Dollar, with q view to their own profit.
And should they dare to set this
prohibition ut defiance. and faoricate
false coin. they shall, upon discovery,
most assuredly be arrested and pun
ished. Let every obey with trein.
bling! Let there be no ~disobedience'
A Special Proclamation. Tun2
Chih 18th year. 9th MONDAY tOc.
tober, 1879. Translated and signed
by WALTER G. HILLIER.