NEW GUINEA CURRENCY.
GERMAN COINAGE BARRED. [FROM oi;b own correspondent.] SYDNEY. Aug. 10.
An ordinance has been issued by the Federal Government prohibiting the use of German coinage and currency in the mandated territory of New Guinea under a penalty of £100, or six montha' imprisonment. Natives, however, may pay to the Administration marks or other German coins for fees, taxes, or otherwise. The use of tokens and counters for trade or wacres is forbidden. Religious or charitable institutions operating in the territory may be exempted by the ordinances. Th© ordinance states that in a portion of New Britain a shell known as '' Gold lip " may be "used as a legal tender at the rate of 12s per pair, except for the purchase or baiter of trochus shell.
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18169, 15 August 1922, Page 8
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128NEW GUINEA CURRENCY. New Zealand Herald, Volume LIX, Issue 18169, 15 August 1922, Page 8
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