Xow, bearing all the above facts in mind, the real question in issue between' the parties is one of the currency in which the assessed los¥ has to be paid by the appellants to. the respondent. That being so the first point to be considered is what is the currency of China? No evidence was given to the Court, but it was argued by counsel, and a silver currency based on a tael weight, or to speak more accurately. silver. This tael or common parlance a col standard on which silver rand notes are based. It was m3! argued that the parties in this ease ever contemplated the actual hand: wer is colman knowledge, due partly to lent for owe! for province or group of provinces having a currency which ist Govt's, Regulations iht in this conclusion it is very material to bear mind that the policy above re-
{the insurable value was stated in Hankey taels, and the assessment arrived at in the same curren have held ay a fact 1 alist Government facts the Government fwd that certain regula issued by its Minister of ulating the currency: in Hankow. and a Brit Ae is quite lear that riy or regul tion of the Government of pourehare of cods would a British Court in Chi question, however, wears a different aspect when the currency question is a Chinese cue tals, at in this ease, W
A enntract is between (we Chinese or a Chinese and a fore ror even between two for sta me that the for regulation deter-me the quality or nature of the currency of the contract assuming that earreney were Chinese. It fol lowes. there! wat the Ni in Hankow must be looked to in comitz te a decision on this appeal, 1 should feel myself on firmer ground de jure in that places there ever, no evidence before the Court to show that was the state of offales in the summer of 1827 ie Banke whatever may be said to-day.
Text read from the printed page and cleaned; old type leaves the occasional error.