The Archive · 1905

Currency Reform

We have been going in for currency reform of Isto, to the great consternation of the populace. Reform of any sort is not easy in China, a fact not always apprecited by her critics Oficiale may avo the best intentions in the world, but if the people are not prepared to follow their lead, all the attempts made to improve methods are surrounded with dificulties. Here the official has introduced the new ten-cash pieces minted by the Viceroy in Tientain, and there has been for some little time quite " hullabaloo among the country people. Prices have gone up, and so has exchange, and all the blame is laid at the door of the ten-cash pieces. The to use them, people generally ate afraid fearing lest they suddenly motive of [drop out of ci circulation, and whatever be

Text read from the printed page and cleaned; old type leaves the occasional error.

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