Far Eastern Impressions
Far Eastern Impressions
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In our eReader you can find the full English version of the book. Read Far Eastern Impressions Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Far Eastern Impressions
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It was quite unsupported by any gold or silver reserve, and the natural con- sequence was that the newly introduced coinage fell rapidly in actual value as against the Japanese 92 Far Eastern Impressions gold yen, which is the recognised standard of value where foreign goods are concerned. The efforts of the Government to popularise the coin by insisting that the land tax should be paid with it only accentuated the deplorable effects of the policy adopted. To make matters worse, the opening off...ered to the fraudulent by the introduction of so loose a system led to the importation of counterfeit nickels from Japan and elsewhere, with the certain consequence that values were further depreciated.
To what a pitch matters have come may be judged from the report for 1901 of Mr. Goff, in which it is stated that at that port quotations are current for (i) Government nickels ; (2) first-class counterfeits ; (3) medium counterfeits ; and (4) those passable only after dark. The last-mentioned description is delicious.
What to read after Far Eastern Impressions?
You can find similar books in the "Read Also" column, or choose other free books by Ernest Frederic George Hatch to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It was quite unsupported by any gold or silver reserve, and the natural con- sequence was that the newly introduced coinage fell rapidly in actual value as against the Japanese 92 Far Eastern Impressions gold yen, which is the recognised standard of value where foreign goods are concerned. The efforts of the Government to popularise the coin by insisting that the land tax should be paid with it only accentuated the deplorable effects of the policy adopted. To make matters worse, the opening off...ered to the fraudulent by the introduction of so loose a system led to the importation of counterfeit nickels from Japan and elsewhere, with the certain consequence that values were further depreciated.
To what a pitch matters have come may be judged from the report for 1901 of Mr. Goff, in which it is stated that at that port quotations are current for (i) Government nickels ; (2) first-class counterfeits ; (3) medium counterfeits ; and (4) those passable only after dark. The last-mentioned description is delicious.
What to read after Far Eastern Impressions?
You can find similar books in the "Read Also" column, or choose other free books by Ernest Frederic George Hatch to read onlineMoreLess
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