DECIMAL COINAGE
6 100 Cents To £ For Britain 9 (N.Z. Press Assn.—Copyright) LONDON, May 27. Britain should stick to the pound but divide it into 100 cents instead of 240 pennies, a team of experts headed by the Earl of Halsbury 'is expected to tell the Government,” the "Daily Express” says. Under the Halsbury system each cent would equal 2.4 d. This would also mean the minting of half-cents equal to 1.2 d. Ten shilling notes, florins, shillings and probably sixpences would remain in circulation, the “Daily Express” said. But pennies and halfpennies would disappear. So would half-crowns and threepenny pieces. The system to decimalise Britain’s currency has already been accepted in principle by the Government. -The committee, set up 18 months ago, is now drafting its findings .and is expected to report within a few weeks.
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Bibliographic details
Press, Volume CII, Issue 30143, 29 May 1963, Page 6
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137DECIMAL COINAGE Press, Volume CII, Issue 30143, 29 May 1963, Page 6
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