! 5 2  THE  CHINESE  EMPIRE
£  vte"ly  Ä
^  Ä:
i%r
Tis.ioo  =  Shanghai  Tls.111.40  worked  out  as  tollo
Weight  on  local  scale  ..  •  •  •  •  I0 °  g  q  0
Add  for  difference  in  weight  ..  ••  5^  6  8
Add  for  touch  **  0  2  o  4
Add  for  expenses  of  melting,  etc.  ..  •  •
Divide  by  the  “  Shanghai  Convention,”  0.98  IQ9-I-7- 2
111.4.0.0

(.N.B.—The  proper  name  for  the  Shanghai  tae  is
vention  Currency,”  referring  to  the  convention,  or  u j\
standing,  by  which  98  taels  on  the  scale  settle  a  ia
of  100  taels  in  money  of  account.)  v  a i
It  remains  to  ascertain  the  true  value  of  the  an ®.
tael.  The  weight  used  as  the  basis  of  this  is  the  saop
tael,  and  the  equivalence  is  worked  out  as  follows  .
Weight  on  scale  •  •  100.0.0.0
Add  for  touch  ..  ..  .  •  •  •  5-  -°-Divide
  by  the  “  Shanghai  Convention,”  0.98  105.6.0.0

Tsaoping  taels  100  Shanghai  taels  .  •  I0 7-7-5-5
The  Tsaoping  tael  has  been  found  to  weigh  5^5  65
grains  ;  and  if  in  100  Tsaoping  taels  of  pure  silver  there  are
I0 7-7-5-5  taels  of  Shanghai  convention  currency,  then  t  e
latter  will  contain  525  grains  of  pure  silver  of  Kuping
standard.  On  this  basis  the  Haikwan  tael  is  the  equivalen
of  584:85  grains  of  pure  silver  ;  but  note  has  now  to  be
taker)  of  the  quality  of  the  silver  (a  supra,  page  148)  •