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To Hongkong and Canton.

Boats selling many kinds of steaming hot dishes were common. Among these was rice tied in green leaf wrappers, three small packets in a cluster suspended by a strand of some vegetable fiber, to be handed hot from the cooker to the purchaser, some one on a passing junk or on an in-coming or out-going boat. Another would buy hot water for a brew of tea, while still another, and for a single cash, might be handed a small square of cotton cloth, wrung hot from the water, with which to wipe his face and hands and then be returned.

Perhaps nothing better measures the intensity of the maintenance struggle here, and better indicates the minute economies practiced, than the value of their smallest currency unit, the Cash, used in their daily retail transactions. On our Pacific coast, where less thought is given to little economies than perhaps anywhere else in the world, the nickel is the smallest coin in general use, twenty to the dollar. For the rest of the United States and in most English speaking countries one hundred cents or half pennies measure an equal value. In Russia 170 kopecks, in Mexico 200 centavos, in France 250 two-centime pieces, and in Austria-Hungary 250 two-heller coins equal the United States dollar; while in Germany 400 pfennigs, and in India 400 pie are required for an equal value. Again 500 penni in Finland and of stotinki in Bulgaria, of centesimi in Italy and of half cents in Holland equal our dollar; but in China the small daily financial transactions are measured against a much smaller unit, their Cash, 1500 to 2000 of which are required to equal the United States dollar, their purchasing power fluctuating daily with the price of silver.

In the Shantung province, when we inquired of the farmers the selling prices of their crops, their replies were given like this: “Thirty-five strings of cash for 420 catty of wheat and twelve to fourteen strings of cash for 1000 catty of wheat straw.” At this time, according to my interpreter, the value of one string of cash was 40 cents Mexican, from which it appears that something like 250