been to
start with
Beveral
thousand
MS.
relating to
and the student of
all
the
in
some
endeavoured
to
avoid
general
currency
discussions,
and
the
history
currency have
Record Office, I am
so kind as
1852
-
1866
past, however,
merely
chronological
sense,
a
special
word
World.
by the slow
had was not
was plentiful,
f
in
to
(''A
Survey
monetary
prevailed,
continuing
in
Canada
until
recent
case
the
reduc-
tion
would
with
Chr
s.
6
d.
aided
doubt-
less
to
remedy
a
rate
par
with
its
neighbours
and
to
endeavour
to
keep
the
bullion-
centre
of
Comon
Necessarys.
. . . The
proper
lemedy
is
copper,
but
the
Board
of
Trade,
whom
%
identical with
were only
essential
to
note
at
the
outset
that
on
13th
f
October,
1697,
the
General
Assembly
of
Massachusetts
Bay
in
from the
MS. minutes
of the
peice
of
in
Mary-
land
and
Virginia
J
four
Merchandize
of
it
and
export
it
absolutely
necessary
our
Shoar.
Their
altered
circulate
Trade
among
themselves,
must
that
the
the Crown.
After repeated
of Trade
on 23rd
foreign
coins,
laid
example from
either
paying
or
receiving
the
above
Proclamation
rates
fact
that
only
silver
of
Spain,
instead
of
continuing
were assisted
was
referred
to
the
prices given
 
but
pass
by
tale
and
to
be
kept
in
suggested.
of
July
1748
the Tower
enthusiast, and his
the
mainland
in
Her
Majesty's
Colonies
or
Colonies for
Plate, and of
dollar,
were
twofold.
In
the
carats
in
the
first
not,
only
to
counterfeit
doubloons,
which
had
become
cal
position,
passed
was stamped,
26
Mav
1798
the
Secretary
of
State
addressed
a
issued a second circular
five
quarters
being
commonly
derived
British Colonial Empire
currency,
already
tender, of
the
clipped
sterling
at
30
days'
to the Imperial
the gold-price
subsidiary.
Had
this
blunder
been
of
issue
of
with
the
dollar,
the
the gold
the
doubloon
&c,
was
Even had
from
England.
A
definite
step
in
advance,
by
Treasury
Minute
of
19th
June,
whereunder
the
Army
rate
of
the
doubloon
was
reduced
from
69
s.
4rf.
to
66s.
Committee of
to
be
the
erroneous
rating
of
and the West
the
doubloon
West
Indies
directing
mation.
at
once
proceeded
to
West
Indian
Colonies
had
widening
 currency
area
of
in
many
cases
the
formal
led in
1851,f
following
as
they
related
to
Sydney
coins
only,
and,
been
under
on
the
tender
of
British
silver,
not
such
silver-using
countries
(in each
the
East
which
taught
the
lesson
of
a
40
s.
limit
(largely,
it
would
appear,
peaceful
progress
began
and
development
of
their
resources.
It
ceeded
to
curred,
time
In
New
of
may result
is
an
unquestionable
prerogative
of
the
Vassent
though initiated
initiated
their
had
been
given
any Law
an
Act
of
Parliament
Regulated
Sovereign.
These
(after
the
legis-
lation
of
1825
had
been
revoked
—for
government,
tive
shall
not
assent
to
any
Bill
or
Ordinance
of
certain
Statutory
authority,
or
remain
in
circulation
coinage
does
not
19th
February
1668-9,
because
West Indies
1691,
Colonel
Christopher
Codrington,
contrasting
the
Leeward
Islands,
says,
to that
half
Cardecue
at
12
d.
of that
long
j||
an
Act
 for
ye
advanceing
and
conflicting
and
England)
Analogy
the bulk of
greater
or
less
value
than
it
current
the
Island
and
other
traders
who
observance to her said
running
cash
in
the
up the
that
President
Dottin
states
pass as
obliged
to
part
with
be,
by
some
was given
a
pamphlet
published
in
still
the
standard
fourth
part
contained
bullion
equal
in fact
doubloon
at
retaining
its
the
dollar
at
the
British
A
on
13th
November
1838
of the
sterling.
be
fixed
by
any
such
Proclamation
or
Proclamations.
Consequently
at
so
Rum,
Cotton,
and
in England, nor
in
gold
or
silver
current
money
currency.
5
trade
of bringing
down the
clusive - -
in
1702,
&c,
they
were
called
in
)
by
the
evidence
as
they were for
courseness
of
the
Silver
no
Equality
of
per
cent.
; except
money
per
not
amount
to
about
30
to
40
per
cent.
preceeding
10
years.
per
oz.,
Quarter
Crowns
in
proportion.
in 1715  could
Christopher.
The
latter
proportion.
There
percent,
as
compared
passu,
coins,
debasing,
through
clipping,
of
the
gold
standard.
as
unit
Cj
Nevis
ascertained
fact
that,
lightness
$.
been
raised
to
11
to
be
further
to
be
equivalent
to
12
bits.
By
1798
values.
After
reciting
for
some
time
stamp
currency.
in
1834,
But
of a
dollar, instead
Virgin
Islands,
at
ratings
for
for
the
four
original
Leeward
Islands.
The
subsequent
history
applied
(i.)
as the
seventy-fifth part
Governor that
coin
bearing
of the coin
were
of the
as
the
1.
About
sterling.
Leewards
under-rating of
with little
periods,
currency history becomes identical
6
dwts.,
at
2
silver coins
stamped
in
three
and
every
half
Dollar
expense
of
the
Posses-
sors,
and
(as
English
gold
and
ago
silver
coins
72642.
G
des
colonnes
lesquelles
resteront
dans
Chacun
des
morceaux
portera
i'empreinte
4 s.
barbarous
Colonial
s.
3
9-13
appreciated, and,
as I
to
their
convenience
and
comfort.
Henceforth,
gold-price
of
silver
and remain, exclusively
within
population
the
internal
commerce
and
proportion
of
immediate
loss
and
inconvenience
produce
a
great
unwillingness
to
adopt
the
islands,
that
is
by
fixing
a
standard
coin by
forward from this evil. It was probably with reference to
an
earlier
date
that
the
a
farthing
which
;
a
was the
April
1703
it
appears
that
 the
£
of
clipping
which
fait moing3 do
be strictly
leaving
for
the
pistareen
1738),
entitled,
 
rency
even
payment
in
6
inhabitants.
of Jamaica
prior to
was
esti-
near
10,000/.,
very
and
to
scope
to
pass
III.,
cap.
18,
which
was
396),
and
weights
and
currency
values
January
1774:—
Desciuption.
necessarily
included,
Mexican real
his
1817,
excep-
tion.
But
Stewart,
purpose
of
intro-
ducing
British
illegal
issue
of
the
 
Government
for
currency
5 /. currency,
Council of
1825 had
gold
coins
The Royal
be rated
of
11th
s.
for
the
the
half-pence.
And
by
Law
same date
a subsidiary
occupation,
the
denomina-
tion
of
the
the world.
of
silver
at
home
(wrote
the
Governor
in
1811)
therefrom
are
as
the
°
employed
the
blacksmiths,
who
cut
out
one
s.
currency,
and
the
a
large
undervaluation of
the copper
the
the Order in
standard
prejudice,
here
as
elsewhere,
standard
(standard)
doubloon,
rather
discoveries in
appears that only
sterling denominations
31st December
1891 is
estimated at
in
circulation
in
the
necessaries
of
both
cases,
and
was
in
addition
unsecured
and
have
been
in
1809,
tender in
Government
issues,
20th
November
receive
this
private
paper.
He
stated
that
or
filed,
and
on
Court of
year, in the following
became
possessed
of,
into
could
lay
its
hands
fineness
as
that
in
Spanish
Since
the
re-opened
intercourse
with
the
remedial
measures,
whereunder
the
voted
appears
circulation,
Demerara
and
Essequibo
had
an
ultimate
limit
to
silver to
of slaves.
Paper,
No.
268
of
1853).
E
2
made
a
the
coins,
except
 
kept
found necessary in
not
only
a
century
from
proceeding.
There
is
no
trace
of
any
in
money
of
account
of
the
;
each
gave
the
following
low
figure,
the
amount
of
gold
in
circulation
was
practically
nil;
it
had
all
been
shipped
out
of
culation in
*
exact
parallel
to
that
 
to
be
sent
away
from
the
Colony
the
circulating
medium
of
the
Falk-
profitable
purpose
of
to Patagonia
7
J
per
cent,
to the
absence
of
gold
coins,
abundance
of
hogges
was
found
at
their
first
landing/'
°
coinage
of
Maryland
(see
p.
0).
Current Value
Principal Manu-
and Interest,
wholly Frustrated;
Be it
it comes to
without
refusal
peece
Spanish sixpence
shall
bee
of
the
value
of
seuen-pence
of
any
Coihoditye,
or
the
paym
1
any other
manner of
accordingly.
From
evidence forthcoming
as to
the
When
the
5.
the
8
d.
rating
for
the
real.f
Bermuda or
and Six
shall
weigh
more
or
less
smallest
a
current
value
Act was
1730,
We
the one
place or
 
Portuguese
moidores
and
''joes
an
Act
in
the
Foreign
Gold
Coin
 
parts), being
Inhabitants
rate aforesaid,
by law or
House
of
Assembly
furnished
the
following
particulars
to
the
Board
of
Trade
as
dollar, but
should
also
was
made
increasing import of
;f
but
the
came ashore was prize,
ashore
that Mr. Fysack's
Memorial (see page
threepence
than its
Act 29
the
islands
was
very
great,
as
and the doubloon
first
among
the
Colonies
to
take
trouble,
as
' c
in
conse-
quence
of
the coin should
Prices
are
in
Bahama
currency,
1
/. sterling
being
equivalent
to
3 s.
Commissary
on
15th
June
1853,
out
these
in my opinion
per
dollar,
being
a
loss
to
them
coins
by
the
introduced
into
the
measure
would
history
commercial
relations
pass at
wholly
fiduciary
8
So
scarce
had
gold
become
by
the
 dollar'' is
The
Bahamas
note,
it
local crisis
would lead
to the
upon
convention
Canada,
of
the
very widely
names,
and
thus
frequently
pay
double
Imperial
Government
at
not compete
5 s.,
Act
sub-divisions,
a
limit
of
$10,
at
the
proportionate
values
which
they
in the
United Kingdom.
came
to
pound
currency)
Upper
Canada
to the
reality fifteen
for
20
sous
Canadian
currency,
voulons
et
nous
plait
la
monnoie
1726. The
outstanding
80,000,000
f
basis
of
the
Proclamation
of
Spanish dollar
at 6
taken
at
gold
and
any
of
As
worth (at
1808,
was
by
weight)
c.
8,
was
3 d. to
throughout Canada.
either in cash
coins.
to
Great
Britain,
but
dollars
at
eagle
was
the
silver
dollar
actually
declared
a
legal
tender.
So
familiar
w
r
consequent
property,
which
may
be
obtained
by
fixing
this
Act.
But,
in
addition,
(with
wick had,
in fact,
States
with
its
in
circulation,
the
local
Legislature
passed
s.
6
following
Canada
no
other
coins
of
its
own
under-valued
and 1838
16
Vict.
by
the
excessive
issue
of
was
effected
Act,
12
October
1849),
the
following
currency
ratings
were
established,
viz.
table
which
is
printed
in
limit
of
legal
tender
on
same
value
as
that
of
the
Conference,
if
such
basis
should
be
cents
of the
$10,
and
the
copper
or
 
shall
$5,000,000
before, (ii)
of
Parliament
and
(ii)
for
the
substitution
the
banks
apply
to
nearly
all
were
then
carrying
on
business
Act is
shall
be
in
the
amount
of
securing
a
loan
omvards :
countrv
notes held,
as above
particuliere-
ment
Spanish
dollar,
and
500/.
in
pence
and
halfpence.
The
smaller
silver
coins
were
considered
by
the
Colonial
Government
United States
prata
which
legalised
this
(2)
the Colony
by
Government
Notice
to
13)
and
to
British
the
occupation
of
the
West
African
Settlements.
Nominally
be found
and
s.
6
2
s.
sterling
Other
silver
dollars
were
rated
at
4s.
only.
 j
U.S.
gold,
it
was
exclu-
Colonial
Treasury
*
July
the
Government
and of
goods
discount
an
equal
nominal
 
are
been
traced
to
silver is
from
1807
in
the
early
5-franc pieces which flowed
for concurrent circulation with sterling, the dollar being at that
time worth only about 4
s,
cutting dollars
to
Lord
Glenelg,
of
26th
July
1838,
now
be
con-
sidered
to
be
Gambia
in
was
demonetised
iu
this
colony.
But
so
The demonetisation of
as
to
piece. It
of
the
total
circulation
fact then
practically no part
Council
were
limit the iesue
of any
to be
paid in
 
6d.
sterling,
the
suddenly
in
ready
paper
currency
gold
into
Popular
suspicion,
from
1836
onwards,
the
64
s.
respectively,
and
the
Crown
trade of
the Island
s.
was
acutely
felt
in
Natal.
Even
fourteen
in
bronze
a
rency of
225,290
given
by
the
British
Colonial
Government,
with
reference
paper
at
this
on the
the
currency,
or
be
equal
in
value
are
henceforth
to
pass
 
Governor,
on
14th
June
1810,
the
appellation
of
depreciation
in
sterling
value
of
the
paper
rix-dollar
been
at
a
very
considerable
discount
withdrawal
of
the
issues
outstanding.
Com-
of
specie
was
8,755,516/.,
of 51. 16
a
duty
of
1
the
amount
of
the
issue
by
the
be
issuing,
or
having
Bill (which,
however, did
not pass
the Legislative
that
a
paper
currency
is
considered
registered,
and
having
its
may
be
specified
on demand,
being
vested
not
only
a first
lien on
Hope
shall
be
World.
The
chief
difference
conveniently
be
divided
into
four
periods
the
establishment
of
a
Branch
of
wallis
opportunity
 
currency, con-
caused great
from
was
carried
out
by
the
Proclamation
remaining
that
*
the
now
the regu-
lation of
was an
he was placing the
in
payment
of
the
colonial
the troops,
should
receive
intrinsic
 
Spanish
dollars
availnble
the
metallic
dollar
as
Spanish dollars at
price of
popular revolution in the
circulation
of
an assay office
The
humble
and
prevent
the
existing
unnecessary
serve
to
a
to
end
of
1855
only.
Before
establish
by
legislative
enactment
what
of
this
realm,
and
of
such
designs
lastly,
the
Governor
was
directed
to
order
the
18th
October
1854
figures give
press for
Mint.
To these,
country
(and
indeed
everywhere
except
in
Australasia,*
Ceylon,
Hong
Kong,
being
the currency of
consideration,
it
was
thought
expedient
to
Act Royal
publication of
-
Vict.
No.
13,
the
colony
the
event
of
companies
being
wound
up.
not
necessary
to
go
back
of
1851.
that of
silver
coins
was
not
already
remitted
When however it appeared,
the
contrary,
the
a
demand
for
a
similar
both
Houses
of
Parliament
which
was
coin in
before
melting.
And
here
sources
3,612
and deducting
the exports
Mr. Anderson at
which do not
the
31st
December
1872,
or
only
being
nearly
1
/. 10
holding
of
4,086,739
formulated
proposals
than
125,000/.
; or
(b)
by
an
individual
banker
having
a
capital
December 1891
of the
population), and
Diemen's
Land,
as
this
Colony
was
that it was
Order
in
of
the
that
there
circulatory
medium
mainly
at
this
had
arisen
of
1st
of
Spain
1838
to
legalize
 the
dollars
of
the
South
American
States
this
nor
now
legally
current
in
Proclamation
of
16th
October
in
 
banks of
issue in
Prerogative
by
the
as men-
tioned in
:
—
mutual
accommodation,
discounting
on
change
at
which
now
and
Chamber of
assay,
and
stamp
gold,
at
a
charge
banks
and
confidence
were
almost
instantaneouslv
restored
have
foreseen
tion
to
from
the
Colony.
Just
before
the
Bullion
Act
to
stood
with relief
from
5
s.
as may
be
received
to the State. It
notes issued there
that
various
objections
will
result from
of
promulgation
of
this
Our
Vict.,
No.
1
1.
The
of
coin
plus
and
the
first
September
sary
the Colonial
the 16th February
the consequence
of granting
them the
Colonial
Fund
Royal
Proclamation
of
7
August
1869,
their
bills
or
notes,
:
—
Currency
Act
(see
infra)
declared
that
at the English
August
the
Royal
colonies)
to'
the
new
the
proceedings
of
Parliament
upon
The
England
principle
that,
coin
to, which
and
to
prohibit
the
given
by
the
time
and
In
the form
of coin
the circu-
the Coinage Act,
{Note.—The three following Chapters are contributed by Mr. C.
A.
Harris.)
soldiers engaged
of
5
an
attempt
at
adjust-
real,
the dollar.
into squads
the value
eighteenth
century.
was
promulgated
fixing
the
the
pence
each,
at
the
otherwise
be
practised
from
uncertainty
at the
rate of
In
Council
on
the
ground
that
in
fact
for
ever
Majesty in
followed
by
the
a
money
of
account.
In
1864
a
further
milesimos.
escudos.
Naturally
inferior silver,
reals and
reduction
in
the
weight
of
the
The latter
trouble grew
foreign coins not
the coin
in 1870
1872.
to the shops
coin in
Government
for
freight
and
incidentals.
But
Her
and
without
their
concurrence,
have coined
current still
public
paid and received
that
the
failure
the
Spanish
Thus
the
an avowedly
of
action of an alternate standard,
silver
has
tended
practical
standard
and
uniformly
the
Colony
from
the
belongs.^:
in Gibraltar, formed by the
amalgamation
of
the
late
J.
Saccane's
banking
business
private
There is,
however, no
note-issue. Spanish
and English
was
estimated,
on
mint in
Malta, and
not fixed,
varied,
both
gold
the head
the pound
silver.
1
grano.
It
does
appears
coin
preserved
by
the
curious
as
 
to
1805
the
but
in
1807
200,000
Spanish
appears
scudi of
a
proportion to the
as
undervalued
the
Spanish
dollar,
1822
he
contemplated
raising
the
with
great
inconvenience.
copper,
yet
this time appear
and its
under
was
lying
idle
in
Spanish
dollars
a
supply
of
dollars
merchants
retail buyers
scudo. f
sterling, equally
Spanish
and
Sicilian
dollars
and
export
the
heavier
Spanish
dollars
and
those
upon
as
a
forced
depreciation
a
of
dollars
under
their
former
position,
and,in
following
it
up
with
a
large
supply
by
the
addition
dollars at
their proper
the
whole bulk
of the
to follow
as soon
was kept
under 17 dwts.
 
to
be
made.
This
is
struggle
of
issue
of
British
silver
grani each, and
that
no
one
shall
be
not
prevent
its
entrance
it
the
Commissary
never
receives
to
2|
per
cent.,
than
to
 a great
Kingdom
and
partly
of
the
excluded, and the
The
other
effect
of
convention,
viz.
the
limitation
of
British
compared
to
Maltese
money
corresponding
to
half
a
grano.
and
as
ment
of
the
Council.
The
but
going
new
accounts
were
opened,
mejidie as
to flow
piastres.
The
more
important
point,
however,
value
in
Constantinople
received
to keep it
piastres
in
the
ordinary
dealings
197.
Meanwhile
certain
Commis-
after the
15th of
not
at
once
Up
to
exchange
for
other
coins
at
thejr
tariff
a
large
British
own copper tokens
to
buy
an
Legislation
was
suggested,
but
Avas,
of
docs
not
to give
especially in
standard
originated in
1542 the
that
British
last century
coinage of the latter for twenty
years.
to-day.
In
1824
pagoda
(see
infra)
or
the
silver
fanam.§
3
Directors in
effigies
rupees
(chaldni),
taken
as
2s.
losses and
districts,
India.
The
type
to
be
''the
Government
rupee.
The
Act
now
third of
200
tolas
coinage charge
to
*1
the
net
that such coins
(whether of gold,
weight
(ii) are
the provisions
since
1834-5.
December
1891
and
June
1892,
Mr.
F.
C.
&c,
be
excluded,
the
of
tender.
The
 
silver
rupees.
 
the East India
and
where the latter is
to
force
a
gold
money for the
us to
1810,
owing
mainly
to
cur-
no
inconvenience
the
seignorage
on
gold
was
lowered;
in
1847
gold
formed
issued the notification
no
startling
fall
lation
of
1864,1
due to
the Govern-
at
the
above
gold coin
 
be
a
adjustment
rupees respectively,
the 10-rupee
apparent
Government,
lism to
from
1835-36
to
1891-92
(inclusive)
to Her
British
of
note
issue
to
the
India,
or
the
Indian
standard
to
the
exception
of
coin, it was
in exchange
four to
reduced
from
Rs.
10
to
Rs.
Currency Act,
established Agencies within
Circles were amalgamated
in
1862,
of
Southern
in
consolidated area.
With the
exception of
great
a
quantity
has
been
thrown
into
the
counted
 
currency, he
Public
Treasury
to
the
by the Europeans,
stuivers,
struck
 
years
to
the
amount
of
62,000
lbs.
worth
about
9,600
coin sent out
want
of
circulating
coinage
or 100
half rix-dollars.
Thus the
English,
instead
of
36
of
them
was
ordered
to
be
struck
the
rix-dollar
the silver and the
states
that
the Mother Country of
the
and
the tokens from
1
820
was
nearly
2i
millions
of
rix-dollars.
On
metallic
money
led
the
old
silver
fractions
of
a
the
1825
is
discussed
422).
In
that
1825,
sterling
denomina-
to be
called in
pass
for 2 s. 1 d., and
the rupees
on 14th
without metallic
Sir
Hercules
Robinson,
of two annas
five rupees, the
to coin other tokens, if required
subsequently
lieu
of
which
Rs.
25,073.
instance of
up
an
Indian
spite
of
Imperial
efforts
to
island
is
 
of
the
18th
century,
with
containing
352
to be
165 grains fine,
the island
and the
of Bombay and
appears
to
have passed
five livres
a
basis
the sicca
(i.e.,
The
renewed
inconvenience
3|
These
fractions,
were
not
decimal
British
 anchor
money
missariat
to
be
coined
currency
Spanish
dollars
33
per
the
by
the
considered equivalent
sterling
; (3)
the
over-rating
of
the
And
by
Proclamation
of
dollar,
and
France. Very large
impor-
tations,
francs
of
laid down in 1825 for their receipt and issue in
the
Government
offices.
Accordingly,
the
lid.
was
issued,
to
the
But
the rupee held
began
part of
the Colonial
to
cash
the
part
Suez
gold
according
days
of
committee
report
of
the
committee,
which
is
dated
14th
September
1888,
fi.)
traced
three
centuries
decimally
illicit
coinage,
as
many
as
1,400
tael.
by
tale,f
the
at Hong
Kong and
at
Australasia
by
as
it
was
anticipated
East
generally
would
adopt
a
1st
October
1853,
by
as
communities.
about
In
1861,
introduce
unlimited
subsidiary
as
a
5-cents.
The
weights
about
a
at 35
by
:
from
which
United
States
the
yen.
Further
action
was
all
outside
demand,
but
by
See
Second
Report
on
Canton
deplorable,
but
it
On
practice,
but
they
The
con-
sequence
Kong and
demand in coin
the
issue
of
shall
be
of
no
settlement, which
soon tended
1788 struck
of
which
was
fruitlessly
For,
on
a new coinage of
before been coined
at different times,
;
pice shall
they had
of
Penang,
copangs one Spanish dollar.
1^
with the
180.5
by
Lieutenant-Governor
Farquhar
;
or
Surat
rupee
ceded finally
It
Newbold,
in
his
Holland, as
following
copper
a
dollar,
half-cents,
and
quarter-cents,
required
to
in dollars,
being
balanced
by
an
official
circulation
one
currency,
whilst
the
real
monetary
Colony from
30
Vict,
cap.
115,
which
was
brought
be a
415 grains troy
 
as
well
one-hundredth
part,
the
half-cent
or
two-hundredth
part,
and
the
quarter-cent
or
four-
hundredth
part
given
as
•2,684,850
dollars.
If
the
Colony
is
are
by Order
of 21st
October 1890,
left
the
local
of
so
suspiciously
said
mints
there
shall
be
struck
silver
money
to
be
Catholic Majesties was
the
the
;i
was
the reign
crown
to
the
shilling.
In
1518,
the
year
after
the
rich
Indies
that
silver
V.)
with
the
device
a
plus ultra. The
 
the pillars,
cuadradas,
&c;
;
it
of
 
a
model
the
standard
coin
States.
mpression
is
Venice
hiatus
in
the
coinage,
occasioned
from
hammered
1822,
when
Iturbide
became
Emperor,
Pragmatica
of
reference
to
fact that
be
371
this
investigation:
century,
with
a
profitable
reduction
still greater
travelled
to
the
Charles
weighed
3d.
w
l
than
standard.f
The Value thereof in English Money is 10 d. and 3-5ths
of
Species and,
in the
an
stress of Queen
driven from circu-
in
concurrent
circulation
under cover of a
the
denominational
Mint, they
were
unit but a
 
was the
Emperor Charles V.
weight with
gold
and
the
thereof.
plenty,
and
carries
aboat
6
this
to
4,800
in
rather
European
explained
by
Sir
Isaac
the Joannese,
of the
dobra weighing
the dobra
notorious
Captain
Kidd
without
any
effigies
or
 
fineness
was
scrutinized
as
23^
his Traite Historique,
was
 
fine
ths
weight
of
year.
And
it
livre.
The
earliest
mention
of
of
1:15^,
by raising the (bitherto
gold was diminished
to silver being thus
altered to 1: 16002.
it was found
circulation
1853
silver
by
reducing
this
;
the International
to
the
fact
fact.
from
one
in
seven
£91,829,247,
Congress
re-
jected
a
Bill
to
prescribe
five-franc
piece
of
practically
an
volume
gold adequate
dollar was only
to silver.
of value, gold
coinage no further
s.
of sale
of clippings.
of 10
coins
began
considerable
inconvenience,
an
d. to 21 s. The guinea was
still overvalued
or
ljf
per
cent.
And,
of
light
subordinate
gold standard
to
Charlemagne,
as
stated
the
British
Colonies.
two-guinea limitt
was
abolished
I.
piece,
1870,
Silver Coins did Pass
bearing Date
of
and
tions in America,
in
Our
said
Plantations,
of
them
in
Our
Mint,
thereby
shewing
the
just
Proportion
which
Penny-
weight
Twelve
Pence
Three
Farthings
Lewis,
Seventeen
Peny-weight
Ten Pence
Pieces
shall,
Spiritual and
Her
Heirs
Information,
said
Plantations,
said
further
Declared,
Her
Majesty
by
and
to
prevent
the
legal
the same), it is
Resolution,
or
Vote
of
of His Majesty's
well
upon the
publick Treasuries
said
given and granted
Expences
of Laws passed
Debentures,
of
the
Publick
within
any
Exportation
of
or
Vessel, or Boat,
of 5
past, it
at which
antecedently,
during
a
great
of
receiving
that
exchanges.
several
on
regimental officers, that valuable
class of the public
its
England
when it is less
men,
receive
their
pay
of
silver
coin
each
as
speedily
will take the
should (when
issued at
the rate of 4 s. 4 d. the dollar, being a
fraction
forces,
and
to
the
abroad, conveying
measure into
troops
succeeding the
rates
at
articles, and
the
difference between the
that
coin.
Let
the
officer
Bermuda
upon
the
same
footing hereafter as the troops of the line, with respect to the issue
of
their
pay,
measures
hereby
directed
with
such
instruc-
as
may
appear
ensuring
a
due
the execution of
taking some
colonies,
and
chief
circulating
Cape
The
Spanish
-
-
- - - -
-
-
money in the Colony,
respectively
dis-
payment
of
17s.
either in British
5
s.
ea,ch, and is issued to the troops at 4 s. 8 d.
My
may
be
contracted,
silver
money,
or
at
the
at
the
same
rate
of
4s.
\d.
be
respec-
17
debt,
or
dollars
computed
at
which the
sup-
4 s. id.
British money for
It
further
Mauritius at
to
of two
than 1
providing for the immediate payment of the whole of this
paper money, or
With
stated,
money
this Board, at the rate of
108 /. in value
amount
paper
money
should
be
be
issued.
of
it.
the value of
fixed rate,
The
time issued at the Cape of Good Hope, is about
3,108,000
of those
a Government establishment,
to
time
be
as
to the
in
that
it
would
in
and
Good
in
British
money.
Ceylon.
or
to
one-third
be
rated
more
nearly
to
its
intrinsic
worth
be made
of 103/. value
and
that
instructions
should
be
sent
to
vouchers for
should be
issued to
withdrawn
from
circulation,
fixed rates with
various rates
should be again issued
or paper rix
such
money
in
those
colonies,
it
would
Council
should
be
those
colonies
rated
to the
the Lords
to the Cape of Good
Hope,
where
there
are
not
and
coins which
are generally
received and
a
silver money should
tender in all the British colonies,
for
its
due
one
payment
nearly as
can be
rendered
gold
the
ultimate
standard
Indies have
proportion of about I03 to 1.
In London the value of a Mexican
dollar,
very
nearly
4s.
2d.
The
of
a
doubloon,
be
to
give
to
one
revoke
in
the
West
deemed
instant approves
the Proclama-
to
determine
the
proportionate
rates
at
which
In my accompanying Circular Despatch
of this
Majesty's
Government
have
been
present
communica-
tion
other hand, the subject
delusion as
they
cannot be deferred
the Royal
authority
for
determining
the
relative
shillings and
pence (Is.
8d.) of
the British
the
same
money
of
account.
illustration,
the British
expressed in
date
been repre-
sented to
money
of
one
Spanish
in each
and
Our Privy
Council, have
Our said colonies,
same
place of issue
that
amount.
(Uf.)
7. Suspension of specie payments on demand at any of the Company's
establishments for a given number
of
(50)
at
to meet
the amount of their subscribed Shares (that is, for the
amount
subscribed
(10.)
10.
Company on Securities bearing
and discounts
of
lands
or
refers, and the average
meet the
shall be
Colony
in
which
the
3.
Provision
the Company's
with
period
Incorporation, such period
and
houses,
except
for
—
Capital
Stock
Banking
Establishments,
for
a
and other Liabilities, at the
termination of each
Colony
silver
which do not
usage which has
accordingly,
transmitting
to
him
the
Draft
Proclamation
for confirmation.
Council,
by the
the
govern-
of
established, should
ordain, that
in
purpose
limited
by
the
to
be
by
them
respectively
And the
the Duke
of Newcastle,
of
State,
gold coins of the United States of North America
;
and
payment
current
(xiv.)
provided for
without inconvenience
in this
the
larger
establishment
detailed
in
the Australian
of
10,000/.
had
been
Bullion
Act,
is
interchange
expressed wishes of
colonies immediately interested,
colony, was
made with
reference only
to the
circumstances which
after full
establishment of
to defray all the
appears to
of the
the case of
which gold fields
conflicting claims
which have
that,
the opportunity of
operations
in all
directions
founded
thereon
with the
;
to
appoint
successors
coin
necessary
that
they
should
of the
realm, with
they are
coin.
My
colony
Queen
for payment.
the Master to be
which
my
Lords
may
assaying, any
be made,
for the establishment
description
of
Mint
establishment,
may
show,
liminary
charges
wbich
may
be
charge
on
the colonies,
and they
my
Lords
bearing
date
the
order
that
branch
of
the
Royal
Mint
read
for Your Majesty's
viz.
said
impression
to
be
Her
directions
herein
accordingly.
(xvi.)
the
draft
of
a
Proclama-
tion
declaring
the
reign,
order that certain
sovereigns,
fineness, and values
the
effigy
Crown,
with
the
inscription
the
above
descriptions
will
be
coined
at
and
Australia,
New
by
Proclamation
issued
with
such
to time to
at
should
be
established
eight hundred
and fifty-four,
of the piece,
reverse
the
same
word
Majesty's
Mint,
the
coinage
of
gold
at
the
said
Branch
Mint
Council, have
and
command,
coinage
from
Her
Majesty's
divers
the gold
coin issued
by Her
from
Most
assembled,
and
by
the
authority
of
the
from
time
declare
Colonial
fineness
tender
above
Whereas
by
the nineteenth day of
August, one thousand eight
Sydney,
fifty-
four, We have thought fit to order that certain pieces
of
Gold
money
should
be
Royal Mint, to
to be
Half-
And whereas,
Our said
a
that
every
such
Australian
and with
the
the inscription
the words
and
years of
a legal
tender for
it
by Proclamation,
as are required
at Her
London shall,
at the
date of
Dominions
in
seventh day
We
have
thought
fit
to
and
thirtieth
Queen's
Most
Lords
If any coin
is below
or
deface
any
any
gold
coining,
may refuse
to receive,
than
the
standard
fineness
under
fineness.
Mint,
out
Privy
Eeguiations
by
Council,
from
a current or
mentioned
or
bronze,
shall
any
amount
and
not
exceeding
five
shillings
any
and
deemed
Act
shall
provided for
therein in
that behalf
following
matters
goldsmiths
of
the
city
jury so
made thereunder) respecting
such
regulations
Scotland.
shall
render
Exchequer incapable of being elected to or of sitting or
voting in
of Commons, or vacate the seat of the person who
at the
on or vested in
be performed and
them their
The master of the Mint may from time to time
promote, suspend, and
for determining
of
the
custody
shall be
the Board of Trade may from
time to
to
of
such
Trade, and notified in
by
or any weight so
utters,
counterfeit
declared by this
be
liable
carried to the
Act may
manner directed by the
years of the reign
the
Acts
regulating
The Petty
penalties
thereto
as
circumstances
admit,
other
justices
or
magistrates,
of
such
Schedule
mentioned,
and those mentioned in the second part of the same Schedule
are
hereby
repealed
entirely.
Provided
that,
(1.)
This
(2.)
All
weights
marked at the Mint or by any proper officer shall
be
coins
in
 
shall
be
and
Possessions
respectively,
that
is
lawful
money
in
Our
be
as the corre-
one
thousand
eight
hundred
and
seventy-one,
the
United
Kingdom.
Victoria
R.
January
1871,
relating
Gold money
so coined
date
the
thirteenth
day
such
bronze
monies
as
were
one
thousand
eight
hundred
and
thirty-first
day
of
December
thousand
in
the worn
the
Royal
Privy
Council,
shall
from
time
to
time,
by
respective
figures
that
it
shall
be
lawful
for
Council, from time
be
.coined
at
the
coins
mentioned
pass
;
in all
edge.
And
whereas
be coined
there in
are
below
the
least
current
weight
without
charging
been illegally dealt with, shall
(notwithstanding
by
Parliament.
(3.)
been impaired,
in
that
behalf of the
hundred
and
in
section
one
of
and
said
coined
call
in
by
that, from and
one
thousand
Act
1870.
[5th
August
1891.]
Be
by
and
authority of the same,
3 &
34
Vict.
mation
and
be deemed to
diminished, or
whether
the
coin
weight exceeding
Coinage Acts,
ordered, as
they
in
each,
or
payment
ascertain whether
any coin
Our
Privy
Council,
shall
from
time
to
should have for
the
Dragon
with
a
sword,
and
a
the date of the
respects
 
Royal
that on
and
bearing
the
motto
and
inscription
in
all
respects
below
of silver money
Kingdom
from
Trea-
sury
plan-
tations
monetary standards
Jamaica
[184
336,
d a
186,
[198
[152
Tobago
94-96
Newfoundland -
173