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TAEL ( See also: European usage for the See also: Chinese Jiang or See also: ounce, the Jiang of See also: fine uncoined See also: silver being the monetary unit throughout the Chinese See also: empire
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The tael is not a See also: coin, the only silver currency, apart from imported dollars, being the ingots of silver known as " sycee "; the only other native currency is the copper " See also: cash." As a See also: money of account the tael is divided into to mace (tsien), See also: loo conderin or candereen (fun), boo i
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The value varies with the price of silver
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The " Haikwan tael," i.e. the See also: custom-See also: house tael, that in which duties are paid to the Imperial Maritime Customs, is a See also: weight of 58โ77 grains Troy, the value of which varies; thus it was reckoned at 3S. d. in 1905, 3s
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32d. in 1906, 3S
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3d. in 1907, and 2S
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8d. in 1908 (see See also: CHINA: ยง See also: Finance)
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