An Equivalent Table for Decimal Money, 



21 



" 37, Houland-street, Fitzroy-squaro, June 16, 1810. 

 " Sir, — The objection which you so strongly stated in our 

 3ast conversation, to the introduction of the decimals of the 

 Pound sterling; viz. that Persons whose dealings were ivknlly 

 effected in Copper Money, without the aid of Silver Coin (which 

 is a very extreme case) would lose 10 pence in every Pound 

 Sterling, or 44- per cent, by taking Thousandths of a Pound in 

 lieu of Farthings, — has suggested to me a remedy, which I beg 

 now to submit for your consideration : viz. That a new denomi- 

 nation, and small Coin should be temporarily introduced, which 

 might be called Mites, each TrVt'i P^'^^ of ^ Farthing iu value, 

 which would admit of calculations, and payments being iiiiule, 

 and of accounts being kept in S columns s€'. s. d. as at present, 

 or exactly equivalent calculations, payments, and accounts, in 

 two new Columns, Pound-decimals and Mites, or <^^._ili. as in 

 the following Table ; viz. 



An exact Equjvalent Table, for keeping Acconnts, eillter in 

 Shillings Pence and Farthings, as at present, or in Decimals 

 OF A Pound, and Mites, each -r^-^ih of a Farthing. 



JJ3 



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