The Archive · 1927

A Privileged Business

'A number of money shops on the street here are legalized to change bar silver into the Chinese gots to the value of Tls. 10. This is one of the most lucrative businesses in the town. 'The Tibetan' merchant takes his blocks of silver: to the money shop and stands by; till the ingots are turned out. He may not see all that takes place in the process and ix no doubt satisfied if he gets weight for weight for his silver and pays no charge for its [demoralization.. Enormous profits are made out of this simple transaction, and what was once pure good' Indian silver now becomes very bad Chinese silver. The Tibetan loses nothing in the transaction and it simply means that the Chinese money market is filled with inferior silver. For the privilege of melting this silver the money shops have to pay heavily' and this goes to prove the story of the American who complained to the waiter that the sausage he was eating tasted very much like horse-meat, 'Yea! replied the walter, always make our sausages 50-50.' 'What on earth docs that mean, in-Jquired the suspicious customer?" 'I guess,' said the waiter, one horse to one rabbit.' The wonder is the Tibetans don't put this good silver through some melting process before it comes on to the Chinese frontier.

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

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