The Early Coins of America;
The Early Coins of America;
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We both agree that the ease of adoption with the people, is the thing to be aimed at.'' One system of coins proposed by Morris was as follows : — " One crown, or ten dollars, equal to 10,000 One dollar, or ten bills, equal to 1,000 One bill, or ten pence, equal to 100 One penny, or ten quarters, equal to 10 One quarter, equal to 1 " (The term ^^ bills," probably should be ^^bits," as in the official report.) " The value of the quarter is equal to a quarter of a grain of pure silver, or one four...teen hundred and fortieth part of a Spanish dollar.
" This was his first plan of a new coinage, founded on the principle of decimals and a money unit. The largest piece, or crown, was to be of gold ; the next, or doUai*, of silver. He proposed, also, that for convenience there should be other coins struck, besides those here designated, but that each should contain a precise number of the money unit. ***** ^^ Lastly, as to the names above chosen, they, like all other names, are arbitrary, and perhaps better may be substituted.
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You can find similar books in the "Read Also" column, or choose other free books by Crosby, Sylvester S. (Sylvester Sage), D. 1914 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
We both agree that the ease of adoption with the people, is the thing to be aimed at.'' One system of coins proposed by Morris was as follows : — " One crown, or ten dollars, equal to 10,000 One dollar, or ten bills, equal to 1,000 One bill, or ten pence, equal to 100 One penny, or ten quarters, equal to 10 One quarter, equal to 1 " (The term ^^ bills," probably should be ^^bits," as in the official report.) " The value of the quarter is equal to a quarter of a grain of pure silver, or one four...teen hundred and fortieth part of a Spanish dollar.
" This was his first plan of a new coinage, founded on the principle of decimals and a money unit. The largest piece, or crown, was to be of gold ; the next, or doUai*, of silver. He proposed, also, that for convenience there should be other coins struck, besides those here designated, but that each should contain a precise number of the money unit. ***** ^^ Lastly, as to the names above chosen, they, like all other names, are arbitrary, and perhaps better may be substituted.
What to read after The Early Coins of America;?
You can find similar books in the "Read Also" column, or choose other free books by Crosby, Sylvester S. (Sylvester Sage), D. 1914 to read onlineMoreLess
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