Writing respecting Chinese Currency, correspondent sends to the Financial some facts relating to the circnlation of Indian ropees in Szechaan, He states ite inception its convenient size and shape xt once recommended it to the Chinese and Tibetan merchants, And as its exchange value in and around Tachionla—the border omporinm—was in excess of ite face value, Yannanese merchants brought mole-loads of Indian rupees from tewas in Western Yanoan, also current at their real vala from Tali-fa and Teogyaeh, and made enormous profits. The coin was generally known as the Uama fou (the Mama's head)—Qaeen Victoria's head being supposed to be that of a llama—and also as yang orien, of foreign money, whi issued cruel proclamations that' the Indian rapee was to be osed no longer bat the people went on bringing them by the horse-load. However, the people then began to imagine that the Indian rupee was a coin of unutterably high value. Its value went up by leaps and boun At one time it was worth as mach as an ounce of silver—the (hinese tael. So the Government of the provines issued s rupee of its own, at its own mint, at the provincial capital of Cheogtn. Almost equivalent in value, in size, and in appearance to the Indian ropes is this new coin, the only difference being, perhaps, that it bears the head of the Emperor of China instead of that of the British Sovereign, and is first, I believe—and is it the only one?—to bear the head of the Sover-able that bad it borne no head st Hi it eign of the Chinese Empire, It is prob-
would have been disregarded as counter-
Text read from the printed page and cleaned; old type leaves the occasional error.