Embassy to the Eastern Courts of Cochin-China, Siam, and Muscat: In the U. S. Sloop-of-war Peacock, David Geisinger, Commander, During the Years 1832-3-4Roberts, Edmund
History
Embassy to the Eastern Courts of Cochin-China, Siam, and Muscat: In the U. S. Sloop-of-war Peacock, David Geisinger, Commander, During the Years 1832-3-4
Roberts, Edmund
Southeast Asia -- Commerce; Southeast Asia -- Description and travel
_Coral_ is valuable according to the colour, density, and size of the
fragments: when made into buttons, it is used among the Chinese as an
insignia of office.
_Cutch_ or _Terra Japonica_ is a gummy resin, and is imported from
Bombay and Bengal.
_Gambier_ is similar to cutch, although the produce of two different
plants: it is chewed with areca-nut, and is used also in China, for
tanning; but it renders the leather porous and rotten.
_Galengal_ is used principally in cookery; it has a hot, acrid, peppery
taste, and an aromatic smell.
The Chinese weigh all articles which are bought and sold, that are
weighable; as _money_, _wood_, _vegetables_, _liquids_, &c. This
renders their dealings more simple than those of other nations,
who buy and sell commodities, with more reference to the articles
themselves. Their divisions of weights and measures are into _money_
and _commercial_ weights, and _long_, and _land_ measures, &c.
The circulating medium between foreigners and Chinese, is broken
Spanish dollars, the value of which is usually computed by their
weight. Dollars bearing the stamp of Ferdinand, have usually borne a
premium of one, to one and a half per cent., while those of Carolus
have risen as high as seven or eight per cent., but are subject to a
considerable variation, according to the season, and _different times_
of the season. Those coins bearing the stamp of the letter G, are not
received by the Chinese, except at a discount. Mexican and United
States’ dollars, do not pass among the Chinese, but are taken _at
par_, by foreigners: every individual coin has the mark of the person,
through whose hands it passes, stamped upon it.
As the number of these marks soon becomes very numerous, the coin
is quickly broken in pieces; and, this process of stamping being
continually repeated, the fragments gradually become very small, and
are paid away entirely by weight. The highest weight used in reckoning
money, is _tael_, (leang,) which is divided into _mace_, (tseen,)
_candareens_, (fun,) and _cash_, (le.) The relative value of these
terms, both among the Chinese, and in foreign money, can be seen by the
following table. It should be observed here, that these terms, _taels_,
_mace_, _candareens_, _cash_, _peculs_, and _catties_, _covids_,
_punts_, &c., are not Chinese words, and are never used by the Chinese
among themselves; and, the reason of their employment by foreigners,
instead of the legitimate terms, is difficult to conjecture.
Ounce Grains
Tael. Mace. Candareens. Cash. troy. troy. Sterling. Dollars.
1 10 100 1000 1,208 579.84 6s. 8d. 1,389 _a_ 1,398
1 10 100 57.984 8d. 138 _a_ 0,139
1 5.7984 8d.
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