Chambers's Edinburgh Journal, No. 428: Volume 17, New Series, March 13, 1852Various
General
Chambers's Edinburgh Journal, No. 428: Volume 17, New Series, March 13, 1852
Various
Periodicals
for her shilling, even if they were a fifth larger. Besides, we should
feel it to be a poverty-stricken thought, that our internal commerce
should be reduced to barter in half-farthings' worths, and that our
merchants and bankers should have no denomination above the value of
10s. for the enormous sums which figure in their books.
The subject of names is worth a remark or two. The commissioners
recommended 'florins,' as affording facilities to foreigners for
understanding our monetary system; and in this respect it has
advantages. 'Cent' and 'millet' are easily enunciated, and they convey
to the educated classes, whether at home or abroad, the relative value
of the coins. We cannot say, however, but we would prefer a more
familiar nomenclature than florins, cents, and millets. Mr Norton's
suggestion, that the names should not only be capable of easy and rapid
utterance, but that they should be of the same Teutonic origin as our
shilling and penny, is worthy of serious consideration. Dr Bowring, who
advocated a strictly decimal scale, suggested the names, 'queens' and
'victorias' for the two middle denominations, leaving pounds and
farthings as they were. Now, if it be deemed proper to change the name
of the unfortunate florin when it makes its reappearance, 'queen' would
be a very pretty substitute; but 'victoria' would soon be mangled down
to its first syllable. If this style of nomenclature be preferred,
'prince' would be a more suitable name for the little cent-piece. Mr De
Morgan is for 'pounds, royals, groats, and farthings.'
But 'royal' is not capable of rapid enunciation, and 'groat' is
decidedly objectionable for designating ten farthings, as it is still
sacred to fourpence in the English mind. Whatever the names, the full
enunciation of them at first would appear stiff and solemn; but
abbreviated modes of expression would soon be established. 'Four-two'
would be understood as L.4, 2 (florins), while 'four and two' would
convey four florins, two cents. When three denominations were used, it
would be 'four-three-two,' there being little danger of a
misunderstanding as to whether the 'four' were pounds or florins. So, in
writing, it would only be necessary to write after any sum the name of
the lowest denomination, as 48, 3, 7c., which would be known as L.48, 3
florins, 7 cents; or, to add ciphers for all lower denominations, as
48300, which, whether pointed or not, would convey L.48, 3, 0, 0.
In a future paper, we will resume the subject of decimals, viewing it
with reference to weights and measures; when its advantages will more
fully appear, by the facility it affords for the calculation of prices.
FOOTNOTES:
[1] The Decimal System; as applied to the Coinage and Weights and
Measures of Great Britain. Groombridge and Sons: 1851.
WHY THE SCOTCH DO NOT SHUT THE DOOR.
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