The Sun.
London, England, 1847-05-05 00:00:00

DECIMAL COINAGE.

-- .
TO THE EDITOR OF THE SUN.
SlR,—Pertnit me, through your pages, and in answer to
many communications with which 1 have been favoured, to
state the outlines of the plan which I submitted to the
House of Commons for the introduction of a decimal system
40i currency and account.
It was my object to interfere as little as possible with
the names or values of the existing coinage, and to show
that, by dividing the pound sterling into 1,000 farthings,
and issuing two silver coins, one representing the 1-10th
of the pound sterling-100 farthings—the other the
1-100th-10 farthings—a pei ;bet gold and silver de-
cimal coinage would be ready at our hands. The only
alteration of value would be to the extent of four per cent.
in the copper coinage, by making the farthing the 1-I,oootb,
instead of (as now) the 1-960th part of the pound sterling.
As the new coin, which I propose to call a Queen, is about
to be issued, representing 25.-24d.-1-10th of the pound
sterling, the only additional coin required is the 1-10th of the
25.-2 4-10 d.—to complete the decimal currency, which will
stand as follows : In
Present value. Farthings. account.
Gold Sovereign £1 0 0 representing 1,000 1,000
Half ditto 0 10 0
Silver ChLolsfvtinitt.o... 00 06
Copper.
The Queen,new 0 2 0
Shilling... 0 1 0
Sixpence.. 00 6 •• •
...
• • •
.. •
• . •
• • •
Victoria,n. 0 0 2 4-10 ...
Half ditto 00 0% ... 500 500
250 250
125 125
100 100
50 050
25 025
10 010
4 004
2 002
PePnennlylYwou..l.d poroboablyl la e hereafter superseded by a
Farthing•. 00 0 t/4 ...
coin of five-farthings•
atheneum, May 3,
(queen will lay the foundation 1 001
undation of a sound
_...1 am, Sir,.. your obedient
3,1847. JOHN BOWRING.
------------.
a
toefint.he
decimal hn
lea issue
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meetingesmenof this town, con-
and on the best means of
of bankers,
Atrad
vened by Mr. T. C. Salt, was held in the committee-room to
the Town Hall, on Friday last, W. Scholefield, Esq ,in the
chair, for the purpose of " advising on the present derange-
ment
averting the calamities which have invariably been the mel‘rcih°aNnEts,T AmßaTnufaSetYriSreTrEsi'le:n—d
con-
sequence of such a state o
Messrs. D. Le3sain, S. A. Goddard, J. Marlow, G. Edmonds,
E. Blyth, A. Middleton, Captain Hopkins, R.N., G. V.
Blunt, J. Webster, F. Matrett, E. Taunton, T. C. Salt, F.
of our monetary system,c
Blyth, E. M. Martin, W. Barris, T. Barker, 11. Knight, and
several other gentlemen,.
_The meeting was addressed by
the Chairman, Messrs. T. C. Salt, S. A. Goddard, and J.
Harlow ; and resolutions were passed condemning the pre-
sent monetary system, and advocating the necessity of for
a society to be called ' the Birmingham Currency Re-
form Association. " A committee was then appointed, and
the meeting was dissolved Birmingham Gazette.
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