FREE BOOKS

Author's List




PREV.   NEXT  
|<   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46  
47   48   49   50   51   52   53   54   55   56   57   >>  
ns, till the subject was brought before the House of Commons by Dr John Bowring, in 1847. The consequence of his appeal was, that a coin denominated a florin, and representing the tenth of a pound, was struck, and put in circulation. It was, however, considered 'an unfortunate specimen of Royal Mint art,' and the issue was discontinued, though a few specimens still linger unforbidden among us. The matter is thus at a stand-still, and may probably not be agitated again till the people generally are more impressed with its importance, and disposed to urge it on the legislature. The first thing wanted is obviously an abundant issue of acceptable florins. No matter though the coin be recognised by the ignorant as a two-shilling piece, rather than as the tenth of a pound; it is a decimal coin with which they may become familiar without disturbing their old ideas and modes of reckoning. The single step that would then remain to be taken is the decisive one--the introduction of the coin equivalent to one-tenth of a florin, accompanied by the withdrawal of the representatives of duodecimal division, and a legislative enactment that all accounts kept in public offices, or rendered in private transactions, should be in the decimal denominations. The only difficulty which has appalled the advocates of the decimal system, is with respect to the cent-piece. It is said to be too small for a silver coin, too large for a copper, and mixed metals find no favour at the Mint. But if it is to be a denomination in accounts, it must have a representative coin, and a silver cent could be very little smaller than our present 3d.-piece. 'The great mass of the people,' says Mr Norton (a correspondent of the _Athenaeum_ on this subject), 'will not adopt an abstraction; you must give them something which they can see, handle, and call by name, if you wish them to take notice of it in their reckonings.' Mr Taylor, and some other writers, have proposed to evade this difficulty by passing over the cents altogether, and counting only by pounds, florins, and millets. The French, say they, have in theory a decimally graduated scale, yet they always reckon by francs, and cents, which are 100ths of francs; the intervening decime being ignored in practice. So, likewise, the Americans have the dollar, the dime (its tenth part), the cent (its hundredth), and the mill (its thousandth). 'It is now nearly thirty years,' says Mr John Quincy Adams, in his rep
PREV.   NEXT  
|<   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46  
47   48   49   50   51   52   53   54   55   56   57   >>  



Top keywords:

decimal

 
people
 
florins
 

difficulty

 
silver
 
accounts
 
matter
 

florin

 

francs

 

subject


Norton
 
thousandth
 

present

 
correspondent
 
Athenaeum
 

hundredth

 
abstraction
 

favour

 

metals

 

copper


Quincy

 

representative

 

denomination

 

thirty

 

smaller

 

intervening

 

altogether

 
counting
 
100ths
 

decime


passing

 

pounds

 
millets
 

decimally

 

theory

 

French

 

reckon

 

proposed

 

handle

 
likewise

Americans

 

dollar

 

graduated

 

writers

 
Taylor
 

reckonings

 

notice

 

practice

 

withdrawal

 

agitated