MONEY TABLES 623, 



In Argentine Republic, paper money is in circulation, convertible in U. S. gold 

 at 44 per cent of face value. In Brazil, Chile, Colombia, Haiti, most Central 

 American countries, the paper currency is inconvertible ; the exchange rate is 

 now (1911) approximately $0,324 in Brazil, SO. 215 in Chile, SlOO paper to SI gold 

 in Colombia, SO. 238 in Haiti, much depreciated and subject to wide fluctuations 

 in Guatemala, Honduras, Nicaragua, Salvador. In British Honduras the mone- 

 tary unit is the dollar, being worth par in U. S. gold. 



Paraguay. — The Argentine paper peso, which has a value of 42.46 cents U. S. 

 gold, circulates currently in Paraguay, as do the silver coins of Argentina. A 

 large amount of paper money of the Republic of Paraguay is also in circulation. 

 This money fluctuates in value, but usually a Paraguayan paper peso is worth 

 about eight cents U. S. gold. 



Other foreign coins in equivalents of U. S. money (1911) 



Austria-Hungary Crown = $0,203 U. S. Money 



Belgium Franc = 0.193 



British India Rupee = 0.324 



China Tael = 0.420-0.649 



(according to the province) 



Denmark Crown = 0.268 " " 



Egypt Pound = 4.943 



(100 piasters) " •' 



Finland Mark = 0.193 



France Franc = 0.193 



Germany Mark = 0.238 



Great Britain Pound = 4.866 



Greece Drachma = 0.193 " " 



Italy Lira = 0.193 



Japan Yen = 0.498 



Liberia Dollar = 1.000 



Netherlands Florin = 0.402 



Norway Crown = 0.268 



Persia Kran = 0.170 



Philippines Peso = 0.50 " " 



Portugal Milreis = 1.08 " " 



Roumania Leu = 0.193 " " 



Russia Ruble =^ 0.515 " " 



Servia Dinar -= 0.193 



Siam Tical = 0.370 



Spain Peseta = 0.193 



Straits Settlements Dollar = 0.421 



Sweden Crown = 0.268 



Switzerland Franc = 0.193 



Turkey Piaster = 0.044 



The shekel of the Hebrews (silver) was probably between 70 and 75 cents in 

 value. 



The talent (silver) of the Hebrews was upwards of $2100. 



The penny (value in pennies is pence, as two-pence, six-pence) is an English 

 denomination, equivalent to about 2 cts. in U. S. money ; used also colloquially 

 for the U. S. cent. 



The shilling is typically an English denomination, practically equivalent to the 

 " quarter ' ' in the U. S. and Canada. In the U. S. it has different value in different 

 regions (but now little used), due to the extent of depreciation of the pound when 

 the decimal system was adopted. The usual values are 16§ cts. in New England, 

 and 12j cts. in New York and westward. In parts of the country farther south 

 it was 135 cts. and 21^ cts. A shilling is sometimes called a bit. 



