A Decimal Scale of Money proposed. 17 



exceedingly engaged, in preparing to leave town, I have taken 

 the liberty of drawing up a Paper of suggestions, and inclosing 

 two copies to you, for explaining the very simple, easy and use- 

 ful improvement that might be made, in our small Money system} 

 Uriits, Tens, Hundreds, Thousands, Millions, &c. of Pounds, re- 

 quiring no change whatever, nor should any whatever he at- 

 tempted, as to them. 



*' I shall feel most particularly obliged if you would hand oi* 

 inclose these Papers, to such of His Majesty's Ministers as they 

 most concern, and render the public as weilas me, all the service 

 you can, towards accomplishing this object, which I feel confi- 

 dent, will meet ready and general approbation. — I particularly 

 hope, that the English Names of Pound, Tenth, Hundredth, and 

 Thousandth may be adopted for the Coins, without Latin or other 

 foreign prefixes to the word Poiijid ; because, when new Measures 

 and Weights arc introduced, they should have foreign prefixes 

 (and I hope those used in France) as ihvy must have double or com- 

 poiind Names, to distinguish the four various classes; viz. Mea- 

 sures of /e«^//i, of surface, of solidity, und IVeight ; yet for our 

 Money, if English Names are used, they need not, in common 

 use at least, he compound, or have Pound added, but Tenth, may 

 always mean 2^. Himdredth, the -p'^-th of this, and Thousandth, 

 the new substitute for Farthing. 



" I hope it will not be too late, m part at least of the in* 

 tended issue of new Shillings and Sixpences, to put on them 

 the inscriptions, 5 Hundredths, and 25 Thousandths, respec 

 tively ; as this would be of very considerable use, and could do no 

 possible harm. " I am," &:c. 



" Mr. Farcy's Suggestions, as to the issue of Decimal Money. 

 *' Mr. Farey senior (of 37, Hovvland-street, Fitzroy-square) 

 in a Report to the Board of Agricuhure <^n Derbyshire, the 3vd 

 volume of which is now just printed, and will, as he expects, be 

 published in a few days, has entered into the subject of Measures^ 

 IVeights, and Money, with somewhat different, and as he hopes 

 considerably more practicable views, than many others have 

 done.— In pp. 465 and 4()G (printed off in March last) his ob- 

 servations as to Money, are as follows ; viz." 



* Lastly; as to Money, we fortunately now use in Accounts, 

 only the four denominations, Pounds, 'Shillings, Pence, and 

 Farthings; amongst these, the Pound Sterling Ts sonnich more 

 generally and importantly used, than cither of the ntlier three 

 denominations, that no hesitation can take place, in proposing 

 this as the unit of Money, or circulating mediun. of value; and 

 fortunately, Two Shillings is the exact -.-ijth of this unit, us fol- 

 low;; ; viz. 

 Vol. 41;. No. 225. Jan. 1817. B ' rxvz, 



