The History of Currency, 1252 to 1896Shaw, William Arthur
History
The History of Currency, 1252 to 1896
Shaw, William Arthur
Money -- History
| 1669 | 14.48| | | | 15.13 | | | 1669 |
| 1679 | | | 14.91 | | | | | 1679 |
| 1690 | | | | | 15.13 | | | 1690 |
+------+------+------+-------+------+---------+------------+-------+------+
To treat of these countries in detail.
[Sidenote: THE NETHERLANDS IN SIXTEENTH CENTURY]
Netherlands.
During the period under consideration, the seventeenth century
especially, the monetary history of the Netherlands supplies the key to
that of the surrounding nations. The history of her monetary exchanges
has yet to be written, and of her Mint ordinances very little is
accessible, as compared, e.g., with France. But this is more than
compensated by the numerous "plakkaats" or proclamations of the tariff
of coins, which are to us practical indicators of the rates of exchange.
The Netherlands, as has been already said, were the centre of European
commerce in the sixteenth and seventeenth centuries, as the Italian
States had been in the fourteenth and fifteenth; and every change in the
precious metals or in the coins showed itself in the Antwerp Bourse as
surely and swiftly as to-day in London. As prompt to take knowledge of
these changes as Florence had been two centuries earlier, the
authorities tabulated the various coinages which were current in the Low
Countries,--and practically that meant the coinage of commercial
Europe,--tariffed them against their own by proclamation, and instantly
accommodated themselves to each new change or variation of value by a
new proclamation and a new tariff. These proclamations, therefore, give
us the measure and course of the monetary movements of the time in
fullest and most welcome details.
Public-domain text, read in full here on John Shaqi.
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