Mr. Kann proceeded to give a highly interesting: review from the hhistorieul aypeet of mining China, and then went on to dead port snd export.
geod the eas about he sispe or dest, wel has beer find that the yellow mete is em-[ten ployed in Chinas for the msaugneture sycee silver. The transformation Jewellery, gold looves and guld Is use for eurreacy purposes:
is hitherto remained extremely As gol has at no time] been it has remained to this day am attic ele of trade, subject to wide price When silver mines gan to yicll " consid the ratio increased neiahhnurhood of wih 4 the 18th century. tween 16 and 16 duri With regsed to jewellery, it can nested that this ones of olden rings, rarely: with precious stones, of bracelets and hisirpins, usually Ailver prices started siderably from the renties one ward, the ratio ineressed to 20 and [ed for thei even 40, except during the "period be "mickly hoarded in the covering' the World War. of danger and readily turned into cash in the hour of need.
Conditions in China, daring the!
Middle Ages differed "consi al Md ornaments are usually sold by weizzht, the fine-fay the invsrecutse between this ness of the int country and the outer work wore! ut scanty, Tt is recorded that, the beginnings of the Mth century, the ratio between Kell and. silver was U:10 in China. Gold prices in during the 18th when sold is thought ty be cheap tury, in terms of silver. The same art by the East Tndia Con any, (ULB.
Morse "The Chronic ele is disposed of remorselessty. by the owner, whenever sold is secom-India Company 0 ise dearer in ter 1635—1844.") From those recor can be seen that ths Company ships trading with Canton exchanged almost on every trip silver taches tu jeseellery: Lif inherited from old. At first the yellow, metal, expressed in terms of silver But in the course for cash at a profitable! For the purpose making! of year the vel costly presents, or as ember seen from the followin ing the ratio: ttn, ime preference tw scold whi (upon as readily nee ible merfchatdise. So far us place 4 been this country for gold to eereetebaaltal peepieet." A. very the mind of the concerned. As a matter of fact, a geld bar in [China is 2 small, brick-shaped piece Jor gold, wei 10" Chauping 3 parts of Parts of alloy. there is ty it It has Ino mechanism at a and its inside is composed of exactly the same ingredients xs its outer walls.
To. be still plainer.
"The exact In German one is entitled] one gold bar of Shanghai
Text read from the printed page and cleaned; old type leaves the occasional error.