Therefore, in order that currency reform might prove successful, the following points should be kept in mind: - That on no account, for the present, would the Chinese admit silver to have a value above or below its intrinsic worth; that the standard and the unit coins proposed should conform to existing practices and should be already familiar to the people; that in order that the proposed standard may be introduced easily it is necessary that it should already be a money of account of the Government or some important branch of business; that the coinage should be exclusively controlled by the Central Government and that proper means should be available for the introduction of the reform; and lastly, that acceptance of the new standard or unit as money of account should be enforced in every part of China simultaneously with the issue of coins.