Correspondence With Her Majesty's Envoy Extraordinary And Minister Plenipotentiary in Japan
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To quickly assess the difficulty of the text, read a short excerpt:
After some time spent in demonstrating to them, and the Governors of Foreign Affairs, also present, and more cognizant with the facts and their bearing than the Ministers, who, as Damios, are little conversant with questions of commerce or exchange — that claims for loss and damage of a serious and cumulative character inevitably resulted in the existing state of affairs, I proposed that they should at once increase their silver currency to meet the new demand for foreign trade, by receiving fr...om the foreign merchants any dollars they might desire to exchange, and recoin them into itzebous. To this they ultimately assented, undertaking in ten days to be prepared with dies to enable them to coin at the rate of 16,000 itzebous per diem.
1 am led to regard this as by far the simplest and most satisfactory mode of meeting the difficulty, and one which should be equally satisfactory to both parties. It may, indeed, interfere with some who desire to make a traffic by exporting the gold and silver coin of Japan, the former, at its present rate, yielding a profit of 100 per cent., and the latter some 6 or 7 per cent.
What to read after Correspondence With Her Majesty's Envoy Extraordinary And Minister Plenipotentiary in Japan?
You can find similar books in the "Read Also" column, or choose other free books by Great Britain. Foreign Office to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
After some time spent in demonstrating to them, and the Governors of Foreign Affairs, also present, and more cognizant with the facts and their bearing than the Ministers, who, as Damios, are little conversant with questions of commerce or exchange — that claims for loss and damage of a serious and cumulative character inevitably resulted in the existing state of affairs, I proposed that they should at once increase their silver currency to meet the new demand for foreign trade, by receiving fr...om the foreign merchants any dollars they might desire to exchange, and recoin them into itzebous. To this they ultimately assented, undertaking in ten days to be prepared with dies to enable them to coin at the rate of 16,000 itzebous per diem.
1 am led to regard this as by far the simplest and most satisfactory mode of meeting the difficulty, and one which should be equally satisfactory to both parties. It may, indeed, interfere with some who desire to make a traffic by exporting the gold and silver coin of Japan, the former, at its present rate, yielding a profit of 100 per cent., and the latter some 6 or 7 per cent.
What to read after Correspondence With Her Majesty's Envoy Extraordinary And Minister Plenipotentiary in Japan?
You can find similar books in the "Read Also" column, or choose other free books by Great Britain. Foreign Office to read onlineMoreLess
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