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Updated: May 2, 2025
Therefore to convert Lanchow cash into Tientsin cash you must divide the Lanchow cash by 3, count 975 as 1000, and consider this equal to a certain percentage of a theoretical amount of silver known as a tael, which is always varying of itself as well as by the fluctuations in the market value of silver, and which is not alike in any two places, and may widely vary in different portions of the same place.
At Lanchow in Chihli on the Imperial Chinese Railway near Shanhai-kwan, 16 old cash count as 100 cash, yet 33 are required to make up 200; in Tientsin from which point the railway starts, 1000 cash are really 500 cash and 98 count there as 100.
Colquhoun, who is a high authority, has no doubt that, as Richthofen anticipated years ago, China will eventually be directly connected with Europe via Hami, Lanchow and Sian. "No direct connection of this kind," says Richthofen "is possible south of the Wei basin, and any road to the north of it would have to keep entirely north of the Yellow River and run altogether through desert countries."
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