CEYLON BRANCH— ROYAL ASIATIC SOCIETY. 159 



and 6 stivers) were worth a ducatoon : the two coins though 

 bearing the same appellation, had no reference to each other. 

 The term chally is equivalent to and may have come from the 

 Greek chalkos, seven of which went to the obolos or fanam of 

 12 grs. weight, in value a penny half penny English. The ear- 

 liest Dutch chally I have yet met with bears date 1732, and 

 has the usual monogram oVc * with the legend sp no$ in deo, or 

 as it is more fully set out in a chally of 179! — the interme- 

 diate ones not having any motto — spes nostra in deo est. At 

 Tutucoreen gold pagodas were coined, in the Dutch mint there 

 established, under the controul of the Ceylon Government. Some 

 silver rupees were coined by Falck who was appointed Gover- 

 nor and Director of India 9th August 1765, and i Iso by Go- 

 vernor VandergrafF, but very few : — they were current for 36 

 stivers each. And there were also a great many foreign coins, 

 as the Spanish dollar or piastre, the poo varahun or star pagoda, 

 the parengy varahun or Portuguese pagoda or Porto Novo pa- 

 goda, the Surat and Sica rupee &c. The prices of these were 

 all regulated by their intrinsic value compared with the silver 

 ducatoon ; and keeping the exchange of the island currency to 

 80 stivers for each ducatoon, those different coins bore a price 

 in copper coin according to that standard. 



The affairs of the colony had become embarrassed when Van- 

 dergrafF was made Governor, which was 7th February 1785 ; and 

 the same year he issued, for the first time in Ceylon, a paper 

 currency. This consisted of Treasury Notes called credit hrieven 

 payable to the bearer on demand, in Ceylon copper coin at the 

 rate of 48 stivers per rixdollar. There was it seems at that 

 time no coin for the rixdollar: it was merely an ideal one 3 

 divided into 12 fanams, and each fanam into 4 stivers,, On the 

 establishment of the paper money, the Governor not only made 

 all payments in that way, but also, as a further means of raising 



* That is, Vereenigde Oost lndjsche Company. 



