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HISTORY OF THE POUND

BABLY STANDARD OF SILVER. Snefjirfiblem ..of the/pound occupies! at foremost place- in vcVrrent ; aJgbs, and its history as related by Mr A. E. Feavecsrear, in his " HisiHy of EnglisV Woney," has the at-. 9nH§§praf being, quite fjßk ; jjfossessing an extreme fawHnation £cft all interested in monetary subjects.. The pound itself goes far'bafck into the ages. More thaallOO years ago the term was already; in ur,e, ihdicat■Jbm 240 pennies. Those pennies •were , and it seems that the orig■MKrintei&ion was .that the : pound xMught of silver' and the pound money ( 9m14 be'ihe same. Silver was thus ifctjbtaad.'ird on which all the early were based, and it ■HUbuJDcd its place until about the Bplfia «C the eighteenth century* ala great many years pre- ■'■ mwjr ita. SMondancy \ had been bfia a protiouneed fall ; Jt^v^r * 9 expressed fm fjm'jSfl J **:m -those days but Eplßw? ~"*«in that anyHjikiM to«*currency Bntttni ■ Jpfcttate aet,» ' BhBMW JjiPpW jcjtijpHut"itnfn The . HytQwt a* th? atandaid upon I v ] , €f ■JtaJKtaro cimca —>-vne ■pi#,»iti- ■ * '"••w

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https://paperspast.natlib.govt.nz/newspapers/WAIPO19311224.2.51

Bibliographic details

Waipa Post, Volume 43, Issue 3392, 24 December 1931, Page 8

Word Count
168

HISTORY OF THE POUND Waipa Post, Volume 43, Issue 3392, 24 December 1931, Page 8

HISTORY OF THE POUND Waipa Post, Volume 43, Issue 3392, 24 December 1931, Page 8