The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1882-01-04

OOln is presumed TO DO from the D0tln
cu'euS, a die or stamp, and itself really
is piece of metal converted into money
by legal stamp. There is tradition
that Pheldon, king of Argos, first issued
stamped silver about 746 b. G. The
earliest coins struck, both in Asia Minor
and in Greece, we're stamped upon one
side only. The first coin in England
was made by the Romans earlyin the
first century. The shape varied
square, round, oblong-until the mid
die ages, when round coin was adopted
by all the European nations. Gold
coins were first issued in France by
Clovis A. d. 4S9. About the same time
they were issued in Spain by Amalric,
the Gothic king. In both countries
they were called trienties. The first
American coinage was by the Virginia
company in 1912. The firstmoney act
ually coined herewas in Massachusetts,,
In 1852 yhirty-three years later Con-
necicut and Vermont made copper coin,
and three years after them New Jersey
also made copper coin.
Coins ore among the most certain
evidences of history. In the latter part
of the Greek series they illustrate the
chronology of reigns. In the Roma
series they fix the dates and successi
of events. Gibbon observes that if a Al
our historians we're lost, medals, in
scriptions and other monuments would
be sufficient to record the travels of
Hadrian. The reign of Probus might
be written from his coins.
Another word belonging to this class
comes from the Roman coin issued by
Servius Tultius, and bore the image of
a sheep (pecus), and was thence called
pecu'sia, the term subsequently applied
to money Ill general. Some coins have
derived their names from their weight
las, for instance, the British pound,
the French here, the Italian Tire, some
from the metal itself, as the cuercus,
the rupee from the Sanscrit ",upya, I"
silver. Other coins have got their
names from the design, as the American
eagle, the angel, testoon (from teStae,
head Others from the head of the
state, as the sovereign, the crown and
others from the monarch's proper name,
as the darie (from Darius) the Phillip,
Louis d. or, or the Napoleon. Then,
again, some coins have got their names
from places, The form, which has
different values in Holland, Bavaria
England and Austria, is so called be,
cause it was first coined in Florence.
The French franc took its name from
the first syllable of the inscription
trGncorun1 rec, king of the French. The
sou, which circulates in France as the
cent. does in the United States, is from
the Latin "SOliduS," which was the name
of u golden coin issued by some of the
Romon emperors.
The guinea derived its name from the
coast of Guinea, in Africa, from which
was brought the gold from which it was
coined, first in the year 1864. They
were called in and succeeded by the
sovereign in 1917. The English
pound was originally a pound of
silver, which was divided into 240
pennies, by the Saxons. The shilling
has been assigned great many deriva.
tions. The most plausible refers it
back to the German "schilr' or shield,
so that shielding, finally reduced to
shilling, would Indicate coin on which
the princes shield is stamped
The penny is q coin of vast antiqui-
ty. Its familiar shape, as may be
generally known, is a comparatively
modern alteration OF the silver form IN
which it vas known in ancient times.
The American cent began to make it's
appearance from the mint in 1892, and
was prepared by Robert Morris, the
great tinancier OF the Revolution. The
dollar or thaler is said to been first struck
in the dale or valley of Joachim. in
Bohemia, in the sixteenth century
The first coinage in this country COM
menced in 1894. This silver coin cir
culates in Spain, Germany, Holland
and Mexico. Troy Times.