TRANSACTIONS OF THE BECTIONS. 
143 
practical purposes” will not do; the moneys of accoun , )e cqUa i lo the 
♦tatistical advantage to result. Two [coins, as measures ’ , . ... ^ 
nine, must be equal to one another. A thousand tenpences • about £•> 
thousand francs are i£39 12*. Uid. (or thereabouts,), tang a ° £1“'“ 
* a value of £40. A thousand tenpences and a thousand francs are, t . 
qial to the same, and therefore not equal to one another. . 
Ihe writer referred to states, that " by preserving the penny from .hsturbance. I t 
of all other coins would be retained.” That is true ; but what beco 
*cimal system} „ . . 
Must I keep my accounts in pence, and decimals ot a penny ? or must 1 go c o 
bptnee decimally, and then begin to divide into tarthings ( 
Must I keep my accounts in pence, and pay them in pounds ? 
Must I receive pounds, and record them in pence ? 
If they would retain the present coinage, all those questions must be answered m 
a* affirmative. . , 
Why do we want a decimal coinage ? Because we want decimal accounts ; and 
** ivish to keep our coinage and our money of account identical as they arc at pre- 
and not to have a sum in " reduction” to do every time we pay and receive 
money, 
If we arc to have a totally new coinage, let it be stated broadly. Let us import 
. f Fr «“ch franc at once, and then we shall not have a single coin the same. It is 
' TO '. there might be some small confusion amongst ourselves, some slight difficulty 
JJ connecting the statistics of the past with the future ; but we should be in harmony 
IUl France > and perhaps it is thought that that would fully compensate. 
Ow the Decimalization of the Tariff. By William Miller. 
Communicated by Robert R. R. Moore. 
^ and Fluctuation of the Circulation of Bills of Exchange, 1816 to 
n ?• ^ment of some of the results of a further extensive collection of 
aa ‘ % William New march, E.S.S. 
°flf S/atment s connected with the Question , Whether , in consequence of 
in ,rn ,eries the fast Six Years, the Exchangeable Value of Gold 
">'* Country has fallen below its former Level. By W. Newmarch. 
di*cove r i 8 ^ 0 i V * n ® ^ le immense increase in the metallic currency which the recent 
not ) la( i 5® caused, he gave it as his decided opinion that those discoveries had 
001 had n it aus '-o, ne gave it as ms ueciocu opinion uim muse uuuivui 
level, cxro^t • caU8in f? the exchangeable value of gold to fall below its former 
°f the court , lrec tly > aml that in this respect the commerce and general trade 
tad been nUZ . „ Reived great bcnelits, and the social condition of the community 
°ccn materially improved. 
W different Platts which have been proposed of Decimal Accounts and 
Tk Coinage. By Theodore W. Rathbone. 
all aerounL? Vantages of t,li * B y 9tem » of invariable progression by the number ten 
the inn’ ^ 80 8® nerall y admitted and so easily established, that with little 
P r( >ceedinB* U f r ^if R ^ cnterei l u P on 08 to the simplest, soundest, and best mode 
^authority ° a “ e man y that have been suggested and recommended upon 
[tapdse of news'll 0 twelve in number, besides several, brought forward in the 
propose, 18 ami name3 » whilst, in reality, identically tlie 3ame as had been 
introducing the widest range of figures in accounts, and being of necessity 
