On Monies, Coins, Weights, and Measures, Proposed for the United States of America (Classic Reprint)
(Excerpt from On Monies, Coins, Weights, and Measures, Pro...)
Excerpt from On Monies, Coins, Weights, and Measures, Proposed for the United States of America
Our citizens well know What pence fierling are, - that 54 of them, or 108 halfpence, are equal to a Spanilh piece of eight: and the people of every State know the par of ex change between {terling money and the currency of the Rate; - that the dollar of 54d. F'terling is, in the middle States, equal to 90 d. Currency: and that if the dollar was to be only worth 50d. Fierling, its cents would be equal to halfpence fierling; (0 that all debts thrown into halfpence fletling, might be at once changed into cents of the money of the United States. An infiance: A. Is to pay a debt of}; 54. 6. 8 fierling, in Congrefs money. That fum contains 26080 halfpence or cents; which by dots are thrown into 260 dol lars, 8 dimes - of the value of£ 54. 6. 8 fierling. Ifa debt is in current money {i 90. 11. 1, the Spanilh dollar pafling at 7f6, then by reducing it into halfpence, and fub traéting or 156, you have 26080 cents; that is, 260 dol lars, 8 dimes, equal to 90. 11. 1 currency.
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