A History of the Latin Monetary Union : a Study of International Monetary Action

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It provided for its 'Ibid., p. 22. 'Ibid., pp. 22-25. 'Ibid., p. 25. * See Appendix I.
226 HISTORY OF THE LATIN MONETARY UNION redemption when reduced below a certain weight, and guaran- teed its reception into the Bank of France during such time as the treaty should continue to possess its binding force. Art. 4 prescribed much the same regulations as formerly for the sub- sidiary coin, but by Art. 9 the quotas were somewhat raised.
France was allowed 256 millions,- Greece 25, Italy 182, and Sw
...itzerland 19 millions, with extra quotas of 20 millions for Italy, eight millions for France, and six millions for Switzerland, for recoinage purposes. The provisions of the old treaty regard- ing redemption, legal-tender quality, etc., of the subsidiary coins, remained essentially unaltered. The terms of admission to the union were maintained as before.
By Art. 10, France undertook the work of carrying on a general bureau of information on monetary subjects of interest to the allied states. Art.


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