This island, formerly a French colony, retained the old French measures
and weights: the Paris foot, the Toise, the Mille of 1000 toises = 1·21
mile, the Perch, usually of 18 feet, the Arpent of 100 perches, the
French livre, the corn-setier, the wine-setier or Velte = 1·639 gallon.
The Metric system was substituted in 1876, notwithstanding that ‘the
feeling of a great portion of the community was so strongly against it
that in 1882 it was thought to be not improbable that the British
Imperial weights and measures might be reverted to’ (‘Merchants’
Handbook,’ by W. A. Browne, 1899). It is added that this antagonistic
feeling gradually died out, but evidence on this point would be
desirable.
------------------------------------------------------------------------
CHAPTER XIII
MEASURES OF VALUE
1. ENGLISH MONEY
In all times money has been the weight of a certain amount of copper,
silver or gold, in the form of coins the fineness of which is guaranteed
by the stamp of the State. The weight of coins used in payments may
change in course of time, but the nominal unit of weights often
continues, the pound, or livre, or marc, &c. Thus, the original Roman
unit, the As, or mint-pound of copper or bronze, reduced gradually to
1/24 of its primitive weight, persisted as a money of account long after
it had been replaced in the currency by the silver Denarius. This was
originally coined at a time when it represented the value of 10 As;
hence its name deni-aris, ten of copper.
The French livre, or livre d’estelins, reduced gradually to a coin about
1/74 of a 12-oz. livre, retains its name as a synonym of the franc.
The English pound of silver, once a Tower pound = 5400 grains, reduced
long ago to 1745 grains, in 20 shillings, persists as a money of
account, though the silver is superseded in payments over 40 shillings
by a gold coin weighing 123-1/4 grains. Prices over 40_s._ are still
often stated in shillings.
The Roman denarius originally weighed 60 grains, afterwards reduced to
52-1/2 grains. A golden denarius was also coined, which afterwards
became the Arabic dinar.
Under Charlemagne the mint weight of France was heavier than the marc of
Troyes afterwards adopted as a standard. Adapting the Roman system to
the customs of his Teutonic subjects the emperor Karl divided the pound
of silver into 20 silver solidi or sols, each equal to 12 silver penings
or pennies of about 25 grains which, assimilated to the Roman denarii,
were called deniers, also estelins or sterlings. The solidus appears to
have corresponded to a Teutonic monetary unit, the shilling, equal to a
variable number of penings, which coins were not of uniform value until
about Charlemagne’s time.
Public-domain text, read in full here on John Shaqi.
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