Talk:Pangkor Treaty of 1874

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Hello ! @ "..... given a title and a penchant of $1000 a month ...." - my question is : what was the normal currency there 1874, was it maybe US$ ? This has to be fixed, but I can not help I dont know - sorry! Regards --Lofor 00:43, 2 Apr 2005 (UTC)

The three major currencies used in Malaya at the time were the Indian Rupee, the Mexican Dollar, and the British Pound Sterling. Other silver dollars (or pesos) were in circulation, such as those from the USA, Hong Kong, Peru, and Spain, but the Mexican dollar was the most popular (in addition to being the only dollar that was official currency in the Straits Settlement in 1874). Bastin8 17:53, 27 Apr 2005 (UTC)

Are you sure that the Mexican Peso was the official currency in the Straits Settlement in 1874? I have a degree in Southeast Asian Studies and I never read of the Mexican Dollar being legal tender. Can you provide a reference for this? Thanks. --Roisterer 00:04, 28 Apr 2005 (UTC)

Technically, it is untrue (the Mexican Dollar itself was not legal tender). However, most countries in East Asia pegged their fledgling silver standards to Mexico's at a 1:1 convertability. Because of the minimalist approach to economic government in the area, most coins were actually Mexican, not the local equivalent. I advise reference is made to the Mexican Dollar in the article so as to provide a better context (rather than the 'Straits Dollar', which is a worthless expressionp; or $, which is misleading). See: http://users.erols.com/kurrency/asia.htm Bastin8 10:27, 30 Apr 2005 (UTC)

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