British Quarterly Review, American Edition, Vol. LIII: January and April, 1871 — John Shaqi
British Quarterly Review, American Edition, Vol. LIII: January and April, 1871Various
History
British Quarterly Review, American Edition, Vol. LIII: January and April, 1871
Various
English periodicals
'Great value seems to be attached to the cooperation of
England in any measure of this description. England has
been forward in urging the policy of free trade upon
Continental nations; and while her joining in any movement
originated abroad for promoting and facilitating commercial
intercourse would be most favourably received, and would
increase her influence among them, her declining altogether
to enter upon it might appear to be inconsistent with her
general conduct upon such questions.'
'The recommendations of the Conference may be shortly
stated to be:
'I. The adoption of a single gold standard.
'II. The adoption of 9/10 as the proportion of fine gold in
the coins.
'III. That all gold coins hereafter struck in any of the
countries which are parties to the Convention, should be
either of the value of five francs or multiples of that
sum.
'IV. That a gold coin of the value of twenty-five francs
should be struck by such countries as prefer it, and be
admitted as an international coin.
'In other countries steps have been taken with a view to
promote a general international coinage.
* * * * *
'A Bill has been introduced into the Congress of the United
States for altering the value of the American coinage, so
as to assimilate it to that of the Convention of 1865; and
we have received the report of the Finance Committee of the
Senate of the United States, recommending the adoption of
the measure, with certain amendments; together with a
report also presented to the Senate, adverse to the passing
of the Bill.
'A Bill has been introduced into the Canadian Parliament
for the regulation of the currency of that country, in
which provision is made for the adoption by Canada of the
system of the Convention, in the event of the measure above
referred to becoming law in the United States.
'Another Bill has been introduced into the Congress of the
United States, in order to assimilate the coinage to that
of this country, making the half eagle equal to our
sovereign.
'The Federal Parliament of the North German Confederation
has passed a resolution declaring necessary the adoption of
a decimal monetary system.
'Finally, we have received a communication from the Foreign
Office, by which it appears that the Government of Sweden
have proposed to strike a gold coin equivalent to ten
francs, and further to coin pieces of twenty-five francs as
soon as such a coin shall be struck in France.'--_Report
from the Royal Commission on International Coinage_, 1868.
Public-domain text, read in full here on John Shaqi.
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