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DECIMAL COINAGE.

Sir, —In your issue of March 20 appears a letter, signed W.E.L., suggesting a schomo for decimal coinago while using tho same coins as at present. But there is a scheme which is oven simpler than that proposed, wliich is as follows Standard coin: Sovereign equals 10 florins, florin 100 cents, shilling 50 cents, sixponco 25 cents, three(equals 2sd) 10 cents,, penny 4 cents, farthing 1 cent. Now, can anything bo simpler than that? Tho only coin which would have to bo altered in value is the threepenny piece, which would have to be reduced to 2£d- Of course, there are at present 96 farthings and 24 pennies in a florin, but, as your correspondent W.E.L. points out, a small change would not bo prohibitive, and the difference between 0G and 100 cents or farthings would bo imperceptible in business, and not likely to causo any hardship. We could introduce this decimal system in one stroke by merely altering tbo names of the present coins, but I fear tbero is no hope of its being done.—l am, etc., „ , F.J.S. March 23.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19090327.2.100.7

Bibliographic details

Dominion, Volume 2, Issue 467, 27 March 1909, Page 13

Word Count
183

DECIMAL COINAGE. Dominion, Volume 2, Issue 467, 27 March 1909, Page 13

DECIMAL COINAGE. Dominion, Volume 2, Issue 467, 27 March 1909, Page 13

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