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Updated: May 26, 2025
In the foregoing itinerary, Pegoletti certifies the existence of the paper money which had been previously mentioned by Rubraquis, Haitho, Marco Polo, and Oderic: Some of these authors describe it as having been fabricated of cotton paper; while others remark very justly, that it was made of the bark of the paper mulberry tree. Oderic calls it Balis, Pegoletti gives it the name of Balis-chi.
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