Publisher's Synopsis
Excerpt from Commission on International Exchange of the United States of America: Considerations on a New Monetary System for China
Summary of work of expert organizer 2. Delay inadvisable 3. Objections to system answered (a) People too ignorant (b) China has no gold (c) Foreigners will not receive new coins at gold value System will benefit foreign nations (e) China can not maintain value of coins (f Will drive cash shops out of business (g) Exporters will not gain from rise of gold (h) Foreign expert help needed 4. Ah expert can modify his plans to suit special needs 5. Success sure if plans well managed and supported.
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