Column 專欄
1931 the Central Mint
DEVELOPMENT OF THE CENTRAL MINT Modern Plant in Shanghai Supplies Country with Uniform Coins Jian H. Chen (Shaoxing) China although not a silver
coins have made their appearance. It
of silver “shoes” was of a great
producing nation, is the largest
may be mentioned to the surprise of
variety and differed in weight and
silver consuming country in the
those who are not acquainted with
fineness from one another according
world, next only to India. Practically
the monetary conditions here that
to locality. Besides, there were
all of the white metal now in
prior to 1933 China had two units
also a number of fictitious taels
circulation in this country was
of silver currency – the tale and the
created merely for the purpose of
directly or indirectly converted from
dollar – in circulation side by side
account keeping. With so many
the imported bar silver. Silver sycee
with each other at the exchange rate
kinds of taels in circulation which
has long been used in China as a
subjected to daily fluctuations.
were all being recognized as legal
medium of exchange, but it was only comparatively recently that silver
90 《東亞泉志》第 10 期
tender currencies, computation The tael currency in the form
of their exchange rates became