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Show Chinese Paper Money. Paper money is said to have had Its origin in China in the year 806, when the government issued it to relieve a financial stringency, receiving coin In return, which enabled It to pay off outstanding obligations. In the museum mu-seum of St. John's college in Shanghai Is a paper bill worth 1,000 cash, the equivalent of 50 cents American money, which was Issued by the first Ming Emperor (Hung-wu A. D. 1368-1399). 1368-1399). It is nearly two feet long and one foot wide, printed on mulberry bark paper, and is a dark slate color. Argonaut. |
